SunSirs: On July 3rd, the Closing Price of Tin Slightly Increased

https://www.chemnet.com   Jul 04,2024 SunSirs

The price of tin futures in Shanghai had slightly increased. The main contract 2408 closed at 274,620 RMB/ton, up 200 RMB/ton or 0.07%. At 3:00 pm on the same day, London's March tin quotation was 32,900.00 US dollars per ton. The ratio between Shanghai and London was 8.35, which was higher than the previous trading day's 8.33. The increase in Shanghai's tin futures was greater than that of the London market. The total number of contracts traded was 128,486 lots, and the position decreased by 2,471 lots to 66,445 lots. The main contract was sold at 101,957 lots, and the position decreased by 2,223 lots to 35,957 lots.

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