SunSirs, Sep 10

On Sep 9, the Tin Commodity Index was 70.88, 1.11 less than that of Sep 8, 29.30% lower than the peak of 100.25 in the cycle (Sep 5, 2011), and 65.38% higher than the lowest point of 42.86 (Dec 9, 2015). (Cycle: Sep 1, 2011 to date)

The Dollar Index continued to decline in the afternoon and recovered a bit in this early morning. The dollar index was 98.327, decreasing 0.08%. When it comes to the UK, the Delay Act will also become law, excluding the possibility of falling out of the EU without a divorce deal before Oct 31, and the pound has been boosted to the highest point during the recent six weeks. On crude oil, Saudi Arabia's new energy minister pledged to maintain production cuts, while US oil rose more than 2% to get to the 58 level. Affected by this, the foreign metal market rose and fell, AHD increased around 1%, NID increased around 0.9%, PBD increased around 0.7%, SND and CAD decreased around 0.2%, ZSD decreased around 0.8%. In the domestic market, NI increased around 2.6%, RB increased around 1.4%，ZN  and SN increased around 0.1%, AL decreased around 0.1%, CU decreased around 0.2%, PB decreased around 0.5%.

SND trend: On Sep 9, the opening price of SND’s electronic disk was 17,445USD/t, the highest one was 17,460USD/t, the lowest one was $17,030/t, the closing price was 17,295USD/t, the price decreased 30USD/t. The volume was 192 lots all day; Open interest was 18,620 lots, decreased 310 lots. The inventory was 6,980t, 30t more than before.

SN trend: On Sep 9, the opening price of SN2001 at night was 139,300RMB/t, the highest one was 141,300RMB/t, the lowest one was 139,140RMB/t, the closing price was 140,490RMB/t, the price rose 1,210RMB/t. The volume was 39,300 lots, the open interest was 40,904 lots, increased 348 lots.

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