bingoplusph| Yangtze River Nonferrous Metals: Long and short saw Shanghai tin futures sideways consolidation on the 22nd tin prices may not rise or fall much

Futures market: Crude oil prices fall, bulls 'overheated sentiment coolsbingoplusph, Lunxi closed down 1 overnightbingoplusph.03%bingoplusph; Renxi's latest closing price was 34105, a decrease of US$355 from the previous trading day, or a decrease of 1.5%.bingoplusph.03%, with 407 lots traded, a decrease of 152 from the previous day's trading; domestically, Shanghai tin futures opened higher and lower at night, and closed slightly. The main contract Shanghai-Tin 2406 closed at 277760 yuan/ton, up 20, or 0.01%.

The London Metal Exchange (LME)'s inventory of Lunsy on May 21 was 4995 tons, a decrease of 5.5 percent from the previous trading day's inventory.

Changjiang Tin Industry News: Today, Shanghai tin futures opened higher across the board. The main monthly 2406 contract opened at 281500, up 3760. At 9:10, the main monthly 2406 contract was reported at 277250, down 490. After the Shanghai tin futures opened higher, the market remained weak and volatile; On the macro level, Federal Reserve officials recently made hawkish remarks. Commodity futures generally fell, and tin spot prices were afraid of high and wait and see, but expectations of tight supply of tin ore still exist. Shanghai tin futures were consolidating sideways. It is expected that the current tin market will not rise or fall much.

Yangtze River Nonferrous Metal Network