Newsletter summary

The non-ferrous metal futures market performed strongly on May 14th.NetmarblenftgamesShanghai tin led the rise by 3.Netmarblenftgames.16% to 270110 yuan / ton, Shanghai copper and Shanghai lead rose 1.Netmarblenftgames.38% and 1.88%; nickel, industrial silicon and lithium carbonate are upside down.

Text of news flash

[most of the non-ferrous metals in the domestic futures market showed an upward trend on May 14, with the main force of Shanghai tin rising by more than 3%, and the price rising to 270110.00 yuan / ton] according to market data, so far, the main price of Shanghai tin has risen.Netmarblenftgames3.16% to 270110.00 yuan / ton. At the same time, the main force of copper in Shanghai rose 1.38% to 81800.00 yuan / ton, the main force of lead in Shanghai rose 1.88% to 18440.00 yuan / ton, and the main force of international copper also performed well, rising 1.46% to 72980.00 yuan / ton. In the non-ferrous metal futures price on May 14, the main opening price of alumina is 3766.00 yuan / ton, lithium carbonate is 106750.00 yuan / ton, Shanghai copper main opening price is 81540.00 yuan / ton, international copper main opening price is 72710.00 yuan / ton, Shanghai aluminum main opening price is 20640.00 yuan / ton, Shanghai lead main opening price is 18235.00 yuan / ton, Shanghai nickel main opening price is 143880.00 yuan / ton The opening price of Shanghai zinc is 23650.00 yuan / ton, the opening price of industrial silicon is 12000.00 yuan / ton, and the opening price of Shanghai tin is 264950.00 yuan / ton. In terms of warehouse receipt data for non-ferrous metals, the cumulative warehouse receipt for copper was 225768 tons, an increase of 2139 tons over the previous day; for aluminum, 126673 tons, an increase of 1625 tons; for zinc, 78003 tons, an increase of 1178 tons; for tin, 16918 tons, an increase of 1178 tons; for lead, 56,994 tons, an increase of 2,811 tons; for nickel, 20,709 tons, an increase of 884 tons; for industrial silicon, 51,909 tons, an increase of 1,364 tons; and alumina warehouse receipts for 152,904 tons, an increase of 9005 tons. The cumulative warehouse receipt of lithium carbonate was 23303 tons, an increase of 180 tons, and the cumulative warehouse receipt of international copper was 46060 tons, an increase of 5229 tons. In addition, according to the commodity basis data, nickel, industrial silicon, lithium carbonate variety contracts have the phenomenon of 'upside down', that is, the spot price is higher than the futures price. Specifically, the basis difference of copper is-440,0.55% for zinc,-0.67% for zinc,-66 for aluminum,-0.32% for aluminum,-1.81% for lead,-0.22% for nickel,-1140 for tin,-0.44% for tin, 1625 for industrial silicon and 11.90% for industrial silicon. The basis difference of lithium carbonate is 9000 and the basis ratio is 7.75%; the basis difference of international copper is-364,0.51%. Remarks: basis = spot price-futures price.