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SunSirs: LME Night Tin Rose
April 09 2020 08:46:32SunSirs(Linda)

The commodity price index BPI on April 7 was 712 points, an increase of 1 point from 6th, a decrease of 30.13% from the highest point in the cycle of 1,019 points (2012-04-10), and a increase of  7.88% from the lowest point of February 03, 2016. (Note: Period refers to 2011-12-01 to present).

The tin commodity index on April 7 was 64.25, an increase of 0.47 points from yesterday, a decrease of 35.91% from the highest point in the cycle of 100.25 points (2011-09-05), and an increase of 49.91 from the lowest point of 42.86 on December 09, 2015 %. (Note: Period refers to 2011-09-01 to present).

Eastern time on Tuesday, the three major US indexes soared back, and the Dow gave up more than 900 points. As of the close, the Dow fell 0.12%, the Nasdaq fell 0.33%, and the S & P 500 index fell 0.16%; major European stock indexes all rose more than 2%. As of the close, the European Stoxx 50 index rose 2.18%, and the British FTSE 100 index rose. 2.19%, the German DAX30 index rose 2.79%, and the French CAC40 index rose 2.12%; international oil prices continued to fall. As of the close, WTI May crude oil futures closed down 9.39% at 23.63 US dollars / barrel; Brent June crude oil futures fell 3.57% at 31.87 US dollars / barrel; yesterday the domestic and foreign metal markets were generally red. In LME market, LME tin rose nearly 2.7%, LME lead rose nearly 2.6%, LME copper rose nearly 2.4%, LME zinc and LME nickel rose nearly 1.3%, LME aluminum rose nearly 0.2%; domestically, Shanghai zinc rose nearly 1.8%, and Shanghai copper rose nearly 1.7 %, Stainless steel rose nearly 1.1%, Shanghai nickel and Shanghai aluminum rose nearly 0.7%, Shanghai tin and thread rose nearly 0.5%, and Shanghai lead rose nearly 0.4%.

Trends of LME tin: The electronic market of LME tin opened yesterday at $ 14,400 / ton, the highest was $ 14,895 / ton, the lowest was $ 14,400 / ton, and the closing price was $ 14,730 / ton, up $ 380 / ton. 357 lots were traded throughout the day; 17,849 lots were held, an increase of 215 lots. 7,400 tons of stock, 75 tons less than the previous period.

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