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Market changes: tin in LME fell nearly 7% and still rose by more than 80% compared with the end of the epidemic._SMM


The content below was translated by Tencent automatically for reference.
In early trading in London on Monday, most precious metals, including Lun Copper, generally maintained a narrow volatility after profit-taking at the end of Friday and changes in the US bond market. However, the price of tin futures fell sharply after the opening of trading, and the underlying price also fell 5.53% on Friday.
As of press time, tin for LME delivery fell 6.68% to US $23490 / ton, down more than 14% from the current high of US $27430. Tin futures have soared from $12775 since the end of the epidemic in March last year, driven by supply shortages of electronic components and emotional jiao at the end of the year, rising more than 30 per cent from $20355 at the beginning of the year. Hot trading sentiment has also led to a spot premium in the market. ....

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