On September 1, the BPI of the Commodity Price Index was 774 points, an increase of 2 points from August 31, and a decrease of 24.04% from the highest point in the cycle at 1,019 points (2012-04-10), and the lowest from February 03, 2016 660 points rose 17.27%. (Note: Period refers to 2011-12-01 till now).

SunSirs data monitors the BPI index curve of the commodity price index as follows:

The Tin Commodity Index on September 1 was 73.80, an increase of 0.02 points from August 31, a decrease of 26.38% from the highest point in the cycle of 100.25 points (2011-09-05), and a decrease of 42.86 points from the lowest point on December 9, 2015. An increase of 72.19%. (Note: Period refers to 2011-09-01 to present).

In late New York trading, the U.S. dollar index rose 0.16% to 92.3231; the offshore renminbi rose 110 basis points to 6.8369 against the U.S. dollar; the U.S. August ISM manufacturing PMI 56, which hit a new high since January 2019, was expected to be 54.5 and the previous value was 54.2; in 2020 In the first half of the year, all-A profits fell by 18.2% year-on-year, and Q2 single-quarter profits fell by 13.1% year-on-year. Profits improved significantly in the second quarter. Benefits are not compromised on these three bottom lines. Crude oil market: Yesterday crude oil (as of 3 a.m. Beijing time on September 2) spot Brent closed at 44.305 US dollars / barrel, down 0.57 US dollars from the previous trading day, or 1.27%. ) WTI closed at $43.08/barrel, up $0.18 from the previous trading day, or 0.42%. Affected by this, the entire line of London Metal rose yesterday. London tin rose 2.11%, London zinc rose 1.47%, London nickel rose 1.44%, London aluminum rose 1.14%, London copper rose 0.13%, London lead rose 0.05%, and the domestic night market On the other hand, Shanghai zinc rose 0.77%, Shanghai tin rose 0.56%, Shanghai lead rose 0.41%, Shanghai nickel rose 0.2%, Shanghai copper fell 065%, and Shanghai aluminum fell 0.93%.

London tin trend: London tin rose to US$18,240/ton yesterday, closing at US$18,150/ton, up US$375, or 2.11%.

Shanghai tin trend: the Shanghai tin 11 contract opened at 145,320 yuan/ton and closed at 146,140 yuan/ton, up 820 yuan, or 0.56%.

The "Resource Tax Law of the People's Republic of China" was officially implemented on September 1, and the tin mine tax rate was raised to 4%, which was 2 points higher than before. This year, the mine supply continued to be tight, and the mine import volume fell year-on-year. Domestic Yinman has resumed production, but the supply gap still exists. The downstream is still in the off-season for consumption, and it is expected that market prices will mainly rely on futures market trends.

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