SunSirs: Nonferrous Metals SND and SN Swung at Night

On December 15, the Tin Commodity Index was 71.33, the same as that of yesterday, 28.85% lower than the peak of 100.25 in the cycle (Sep 5, 2011), and 66.43% higher than the lowest point of 42.86 (Dec 9, 2015). (Cycle: Sep 1, 2011 to date)

Last week, the U.S. dollar fell sharply, it lost 1.2% in 10 days, the biggest decline since December. It closed at 97.196, down 0.06% on December 15. On December 13, DJIA rose 0.01% to 28,135.38, up 0.43% on a weekly basis; S&P 500 rose 0.01% to 3,168.80, up 0.73% on a weekly basis; NASDAQ rose 0.20% to 8734.88, up 0.91% on a weekly basis; FTSE 100 index rose 1.10% to 7,353.44, up 1.57% on a weekly basis; CAC 40 rose 0.59% to 5,919.02, up 0.80% on a weekly basis; DAX rose 0.46% to 13,282.72, up 0.88% on a weekly basis. In terms of crude oil, WTI crude oil futures rose $0.89, or 1.50%, to $60.07 per barrel, up 1.47% on a weekly basis; Brent crude rose 0.62% to $64.6 per barrel, up 0.33% weekly. Most futures decreased in LME market, CAD decreased 0.3%, AHD decreased 0.4%, PBD decreased 1.09%, ZSD decreased 0.13%, NID increased 1.46%, SND decreased 0.15%; Futures prices in Chinese market were mixed, CU decreased 0.45%, AL decreased 0.07%, PB decreased 0.82%, ZN decreased 0.06%, NI increased 1.29%, SN increased 0.08%, RB increased 0.26%, SS increased 0.46%, AU increased 0.45%, and AG increased 0.29%.

SND trend: Last night, the opening price of SND’s electronic dwask was $17,215 per ton, the highest one was $17,250 per ton, the lowest one was $17,085 per ton, the closing price was $17,195 per ton, the price decreased $25 per ton. The volume was 353 lots all day; Open interest was 17,870 lots, increasing 60 lots. The inventory was 6,435 tons, decreasing 25 tons.

SN trend: Last night, the opening price of SN2001 was 139,600RMB/tonon, the highest one was 140,260RMB/tonon, the lowest one was 139,500RMB/tonon, the closing price was 140,250RMB/tonon, the price increased 450RMB/tonon. The volume was 4,492 lots, the open interest was 20,788 lots, increasing 38 lots.

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