SunSirs--China Commodity Data Group

Language

中文

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

Tiếng Việt

Sign In

Join Now

Contact Us

Home > Tin ingot News > News Detail
Tin ingot News
SunSirs: Nonferrous Metals SND and SN Swung Lower at Night
November 27 2019 15:03:18SunSirs(Linda)

On November 25, the Tin Commodity Index was 70.77, 0.02 lower than that of yesterday, 29.41% lower than the peak of 100.25 in the cycle (Sep 5, 2011), and 65.12% higher than the lowest point of 42.86 (Dec 9, 2015). (Cycle: Sep 1, 2011 to date)

On November 25, the US dollar was basically stable, with the US dollar index closing at 98.307, up nearly 0.05%; the probability of the Federal Reserve maintaining the current interest rate in the range of 1.50% - 1.75% in December was 93.4%, the probability of cutting the interest rate by 25 basis points was 0%, the probability of increasing the interest rate by 25 basis points was 6.6%; the probability of maintaining the current interest rate in the range of 1.50% - 1.75% by January next year was 83.8%, the probability of reducing the interest rate by 25 basis points was 10.3%, and the probability of increasing the interest rate by 25 basis points was 5.9%. Affected by these, metals in LME almost decreased largely and increased slightly, PBD decreased nearly by 1.8%, NID and ZSD decreased nearly by 1.1%, AHD increased nearly by 0.1%, CAD increased nearly by 0.3%, and SND increased nearly by 0.5%; domestic market decreased mainly, PB decreased nearly by 1.3%, RB decreased nearly by 1.1%, AL, ZN and NI decreased nearly by 0.6%, SS decreased nearly by 0.2%, CU and SN increased nearly by 0.1%.

SND trend: Last night, the opening price of SND’s electronic dwask was $16,325 per ton, the highest one was $16,495 per ton, the lowest one was $16,300 per ton, the closing price was $16,425 per ton, the price increased $75 per ton. The volume was 153 lots all day; Open interest was 16,725 lots, decreasing 99 lots. The inventory was 6,435 tons, decreasing 205 tons.

SN trend: Last night, the opening price of SN2001 was 138,890RMB/ton, the highest one was 138,960RMB/ton, the lowest one was 138,430RMB/ton, the closing price was 138,860RMB/ton, the price decreased 20RMB/ton. The volume was 6,598 lots, the open interest was 27,876 lots, increasing 548 lots.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

【Copyright Notice】In the spirit of openness and inclusiveness of the Internet, SunSirs welcomes all media and institutions to reprint and quote our original content. If reprinted, please mark the source SunSirs.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products

© SunSirs All Rights Reserved. 浙B2-20080131-44

Please fill in the information carefully,the * is required.

User Name:

*

Email:

*

Password:

*

Reenter Password:

*

Phone Number:

First Name:

Last Name:

Company:

Address: