SunSirs, Aug 30

On Aug 29, the Tin Commodity Index was 67.18, 0.25 higher than that of Aug 28, 32.99% lower than the peak of 100.25 in the cycle (Sep 5, 2011), and 56.47% higher than the lowest point of 42.86 (Dec 9, 2015). (Cycle: Sep 1, 2011 to date)

On Aug 29, USD rose sharply, the adjustment of position before the long weekend helped USD went up to 98.55, which had reached a record high since Aug 1. The American economy in the second season has been slowing, and the speed was a little sharper than expected. USD closed at 98.449, dropped by 0.01%; The market will begin to keep an eye on PMI data around the world and the USA’s August non-farm payrolls report that would be released on next Friday (Sep 6), both of which mentioned above can be used to judge the next direction of the foreign exchange market in Autumn. Affected by this, the foreign metal market rose and fell by half, ZSD decreased 0.49%, NID increased 0.71%, AHD increased 0.29%, CAD increased 0.07%, PBD decreased 0.58%, SND ended flat；The domestic metal market dropped mostly, ZN decreased 0.08%, AL decreased 0.25%, PB decreased 0.03%，CU increased 0.39%, SN decreased 0.13%, NI increased 2.49%, RB increased 0.39%.

SND trend: On Aug 29, the opening price of SND’s electronic disk was 15,780USD/t, the highest one was 15,945USD/t, the lowest one was 15,720USD/t, the closing price was 15,780USD/t, the same as the last trading day. The volume was 254 lots all day; Open interest was 17,839 lots, decreased 331 lots. The inventory was 7060t, 90t more than before.

SN trend: On Aug 29, the opening price of SN2001 at night was 128,740RMB/t, the highest one was 129,500RMB/t, the lowest one was 128,500RMB/t, the closing price was 129,160RMB/t, the price increased 460RMB/t. The volume was 7,308 lots, the open interest was 39,184 lots, increased 250 lots.