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SunSirs: On May 17, the price of domestic spot tin market decreased
May 17 2022 11:00:13()

The mainstream quotation range of 1# tin ingots in the domestic spot tin market is 294000-298000 RMB/ton, with an average price of 299500 RMB/ton, down 3500 RMB/ton from the previous trading day.

From the perspective of supply and demand, there are many negative factors in tin price. In addition, there has been a lot of macro negative in the near future, non-ferrous metals are generally under pressure, some funds leave the market, market sentiment is weak, and tin prices are expected to fluctuate downward in the future.

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