Indonesia tin supply interruption Lun tin temporarily not been boosted

Lunci trend: overnight Lunci electronic disc opened at $19070/ton, up to $19090/ton, down to $18980/ton, and closed at $19015/ton, down by $35/ton from the previous day. 177 hands were traded throughout the day; 15801 hands were held, 78 fewer than the previous day. Inventory of 3235 tons, an increase of 40 tons compared with the previous day. Overnight, Lunsey's center of gravity continued to decline slightly, reaching a minimum of $18,980 per ton, closing at $1905 per ton, a drop of $35 per ton from the previous day. Overnight, the dollar was basically flat, closing at 96.267. As Americans go to polling stations to vote, investors are cautious about the mid-term elections and their possible impact on the world's largest economy. According to the International Tin Association, the tin trade on the Indonesian Commodity and Derivatives Exchange has been completely halted since October 26, because tin ingots entering designated storage areas of the exchange cannot use the certificate of tin ore origin issued by PT Surveyor. ICDX's tin trading volume in October was 5025 tons, down 39% from 8270 tons in September. However, there is still no significant breakthrough in Lensey's trend, which is mainly affected by trade disputes and the strong US dollar. Lun tin underneath supports $19000 / ton, and short-term support is needed to test the support level. Tendency of Shanghai Tin Stock Exchange: The main 1901 contract of Shanghai Tin Stock Exchange opened 145900 yuan/ton yesterday evening, with a maximum of 146190 yuan/ton, a minimum of 145750 yuan/ton and a closing price of 146000 yuan/ton, up 50 yuan/ton from the previous day's closing price. Turnover of 6588 hands, holding 34146 hands increased 22 hands. Last night, Shanghai futures tin consolidated near the 5-day average, which was boosted by the recent decrease in spot supply and circulation in Shanghai and tin market, especially by the decline in Yunzi brand supply. The trend of Shanghai futures tin stopped falling and rebounded, with an upward resistance of 147000 yuan/ton.