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SunSirs: LME Tin Rose 0.77% at Night

April 26 2020 08:47:24     SunSirs (Linda)

On April 23, the commodity price index BPI was 714 points, a decrease of 3 points from April 22, a decrease of 29.93% 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 rose 8.18%. (Note: The period refers to 2011-December-01 to present).

 The tin commodity index on April 23 was 66.80, an increase of 0.74 points from April 22, a decrease of 33.37% from the highest point in the cycle of 100.25 points (2011-September-05), and an increase of 55.86% from the lowest point of 42.86 on December 09, 2015. (Note: The period refers to 2011-September-01 to present).

On Thursday, EDT, the three major US indexes closed mixed, and as of the close, the Dow rose 0.17%, the Nasdaq fell 0.01%, and the S & P 500 fell 0.05%. International oil prices rebounded sharply, and as of the close, WTI June crude oil futures rose 19.74% to 16.50 US dollars / barrel; Brent June crude oil futures rose 4.58% to 21.33 US dollars / barrel; foreign metal prices were mixed, and London tin rose 0.77 %, London copper copper rose 0.6%, London aluminum fell 0.66%, London nickel rose 2.05%, London zinc fell 1.29%, London lead fell 0.96%, most domestic metals closed up, stainless steel rose 0.66%, Shanghai zinc fell 0.41%, Shanghai Lead rose 1.32%, Shanghai Nickel rose 1.48%, Shanghai Aluminum rose 0.41%, Shanghai Copper rose 2.09%, thread fell 1.33%, and Shanghai tin rose 4.71%.

Trends in LME tin: The electronic market of LME tin opened at US $ 14,900 / ton on April 23, the highest was US $ 15,325 / ton, the lowest was US $ 14,900 / ton, and the closing price was US $ 14,980 / ton, up US $ 115 / ton. 285 lots were traded throughout the day; 17,275 lots were held, a decrease of 483 lots, 6,185 tons of inventory, 140 tons less than the previous period.

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