SunSirs: London Tin Dropped 0.03%, Shanghai Tin Increased 0.24% at Night

The commodity price index BPI on May 7 was 716 points, an increase of 3 points from May 6, and a decrease of 29.74% from the highest point in the cycle of 1,019 points (2012-April-10), and an increase of 8.48% from the lowest point, 660 on February 03, 2016. (Note: Period refers to 2011-December-01 to present).

On Thursday, US Eastern Time, the three major US stock indexes closed up. As of the close, the Dow rose 0.89%, the Nasdaq rose 1.41%, and the S & P 500 index rose 1.15%. International oil prices closed down, WTI June crude oil futures closed down 0.44 US dollars, a decrease of 1.83%. Brent July crude oil futures closed down 0.26 US dollars, a decrease of 0.87%; China's foreign exchange reserves at the end of April reported 3.0915 trillion US dollars, estimated at 3.0560 trillion. At the end of April, gold reserves were reported at 62.64 million ounces (about 1948.32 tons), which was the same as last month; Saudi Aramco announced the price of crude oil exports in June. From the prices, it can be seen that Saudi Aramco has significantly increased its oil Prices, some varieties have been raised by more than 7.2 US dollars; affected by this, most London metals rose, London copper rose 1.19%, London aluminum rose 0.64%, London zinc rose 0.75%, London nickel fell 0.32%, London tin fell 0.03%, London Lead rose 0.55%; Shanghai copper rose 0.79%, Shanghai aluminum fell 0.52%, Shanghai zinc rose 1.05%, Shanghai lead fell 0.07%, Shanghai nickel fell 0.77%, Shanghai tin rose 0.24%, thread rose 1.61%, stainless steel fell 0.98%.

The tin commodity index on May 7 was 68.67, an increase of 0.05 points from May 6, a decrease of 31.50% from the highest point in the cycle of 100.25 points (2011-September-05), and an increase of 60.22 from the lowest point of 42.86 on December 09, 2015 %. (Note: Period refers to 2011-September-01 to present).

The trend of London tin: it opened at 15,240 US dollars / ton, the highest was 15,280 US dollars / ton, and the lowest was 15,080 US dollars / ton. 174 lots were traded, 17,313 lots were held, an increase of 46 lots. The inventory is 4,835 tons, a decrease of 245 tons from the previous period.

Trend of Shanghai Tin: Shanghai 2007 tin contract opened at 129,600 yuan / ton, the highest was 129,770 yuan / ton, the lowest was 129,080 yuan / ton, and the closing price was 129,370 yuan / ton, up 520 yuan / ton, holding 30,772 hands, reducing 298 hands.

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