SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: LME Tin Went down at Night

April 20 2020 09:43:09     SunSirs (Linda)

The commodity price index BPI on April 16 was 726 points, a decrease of 2 points from 15th, a decrease of 28.75% from the highest point in the cycle of 1,019 points (2012-April-10), and 660 points from the lowest point of February 03, 2016, it went up by 10.00%. (Note: The period refers to 2011-December-01 to present).

The tin commodity index on April 16 was 66.56, a decrease of 0.72 points from yesterday, a decrease of 33.61% from the highest point in the cycle of 100.25 points (2011-September-05), and an increase of 55.30% from the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-September-01 to present).

On Thursday, EDT, the three major US stock market indexes closed up collectively. As of the close, the Dow rose 0.14%, the Nasdaq rose 1.66%, and the S & P 500 index rose 0.58%. According to data from the US Department of Labor, the number of new unemployed in the United States last week More than 5.2 million, slightly higher than the previous expectation of an additional 5 million. This brings the total number of unemployed people to about 22 million in the near future; the OPEC monthly report announced that crude oil demand is expected to fall to its lowest level in 30 years. Global crude oil demand is expected to fall by 6.9 million barrels / day in 2020. Data show that OPEC's March crude oil production increased by 821,000 barrels per day to 28.61 million barrels per day; international oil prices closed flat, ending this week's continuous decline. As of the close, WTI May crude oil futures closed flat at $ 19.87 per barrel. June Brent crude oil futures closed up $ 0.13, or 0.47%, at $ 27.82 per barrel. On April 15, the metal prices of the LME market were mixed. LME Tin fell 0.4%, LME copper rose 0.1%, LME aluminum rose 0.07%, LME nickel fell 0.08%, LME zinc rose 0.26%, LME lead fell 0.44%. In Shanghai Futures market, Stainless steel fell 1.28%, Shanghai zinc rose 1.04%, Shanghai lead rose 0.37%, Shanghai nickel fell 1.52%, Shanghai aluminum rose 1.13%, Shanghai copper closed flat, thread rose 0.36%, and Shanghai tin fell 0.58%.

Trend of LME tin: The electronic market of LME tin opened on 15th at 15,115 USD / ton, the highest was 15,200 USD / ton, the lowest was 14,935 USD / ton, and the closing price was 15,070 USD / ton, down 60 USD / ton. 133 contracts were traded throughout the day; 17,535 contracts were held, a decrease of 314 contracts. The inventory was 6,675 tons, a decrease of 95 tons from the previous period.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products