Shanghai Tin Futures is a non-ferrous metal variety listed on the Shanghai Futures Exchange, which has a large turnover and high market activity, and is a good investment choice. Shanghai Tin Futures is actually a standardized contract, and investors can earn profits by buying and selling the contract. Because the rise and fall of oil reflects the trend of commodities and will affect the trend of precious metals. Refining metals requires a lot of energy, including oil, so it is very influential.

Crude oil and metal products It is difficult to find the connection between crude oil and metal products from the perspective of industrial chain, but these two commodities are the basic materials needed for industrial production and cover all walks of life of the national economy. The fluctuation cycle of crude oil and metal prices is closely related to the economic cycle, which makes the price fluctuation of the two commodities relevant. Among them, the correlation between crude oil and non-ferrous metals is stronger than black, and the correlation coefficients between crude oil and Luntong and Shanghai Copper can reach 0.85 and 0.8 respectively, while the correlation coefficient between crude oil and the same thread is 0.58. At present, the price of crude oil is at a low level, most non-ferrous metals are near the cost line, and the progress of domestic resumption of work is accelerated. In the case that oil prices gradually stopped falling, the metal plate mainly seized the opportunity to do more.