On September 14, the BPI of the Commodity Price Index was 782 points, an increase of 2 points from September 13, and a decrease of 23.26% from the cycle's highest point of 1,019 points (2012-04-10), and the lowest from February 03, 2016 660 points increased by 18.48%. (Note: Period refers to 2011-12-01 till now).

The Tin Commodity Index on September 14 was 73.58, an increase of 0.43 points from September 13, a decrease of 26.60% 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 71.68%. (Note: Period refers to 2011-09-01 to present).

Fundamentally, in late New York trading, the U.S. dollar index fell 0.21% to 93.586; offshore renminbi rose 0.35% to the U.S. dollar, and USDCNH reported 6.8085; statistics from the Bureau of Statistics showed that in August, the sales prices of newly built commercial residential buildings in first-tier, second-tier, and third-tier cities rose respectively from the previous month. 0.6%, 0.6%, 1.0%, up 3.9%, 5.0%, 4.5% year-on-year; Russian Ministry of Economic Development predicts that the economy will shrink by 3.9% in 2020, expected -4.8%; crude oil market: crude oil yesterday (as of September 15 Beijing time At 3 o'clock in the morning) Spot Brent closed at $38.395 per barrel, down $0.65 from the previous trading day, or 1.66%. WTI closed at US$37.56 per barrel, a decrease of US$0.09 or 0.24% from the previous trading day. Last night, LME’s outer metal was all online, LME copper rose 0.96%, LME aluminum rose 1.52%, LME zinc rose 0.34%, LME nickel rose 1.03%, LME tin rose 0.78%, LME lead rose 1.72%; domestic futures market prices rose, Shanghai Copper rose 0.23%, Shanghai aluminum rose 0.76%, Shanghai zinc rose 0.51%, Shanghai lead rose 1.07%, Shanghai nickel rose 0.95%, Shanghai tin fell 0.19%, thread rose 0.14%, and stainless steel rose 0.77%.

LME tin trend: LME tin tin closed overnight at $18,130/ton, up $140/ton.
Shanghai tin trend: The main Shanghai tin contract in the night trading closed at 143,800 yuan/ton, down 280 yuan/ton.

Recently, the downstream demand for tin is still limited. Today's futures market is mainly volatile, and market prices are temporarily stable.

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