On Sep 22, the Tin Commodity Index was 69.89, the same as that of Sep 21, 30.28% lower than the peak of 100.25 in the cycle (Sep 5, 2011), and 63.07% higher than the lowest point of 42.86 (Dec 9, 2015). (Cycle: Sep 1, 2011 to date)

The dollar index rose 9 points to 98.46 on the 20th. Non-ferrous metals performed generally. The Federal Reserve will have a new round of Quantitative Easing (QE) after the repo rate soared in the United States. China and the United States have started preparations for a new round of trade negotiations. The United States imposed sanctions against the Bank Melli Iran while Saudi Arabia led the coalition to crack down on Yemen. Saudi Arabia informed Japan that crude oil supply may occur changes from October.

SND trend: Last Friday, the opening price of SND’s electronic disk was 16,635USD/t, the highest one was 16,760USD/t, the lowest one was 16,380USD/t, the closing price was 16,705USD/t, the price increased 150USD/t. The volume was 609 lots all day; Open interest was 17,611 lots, increased 202 lots. The inventory was 6,565t, 10t less than before.

SN trend: Last Friday, the opening price of SN2001 at night was 136,440RMB/t, the highest one was 138,450RMB/t, the lowest one was 136,160RMB/t, the closing price was 138,220RMB/t, the price increased 1,330RMB/t. The volume was 33,120 lots, the open interest was 39,902 lots, increased 1,808 lots.

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