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SunSirs: On December 6th, the Domestic Spot Tin Market Price Increased
December 07 2023 14:43:56SunSirs(John)

Price trend

On December 6th, the mainstream quotation range for 1# tin ingot in the domestic spot tin market was 204,500-206,500 yuan/ton, with an average price of 205,500 yuan/ton, an increase of 5000 yuan/ton from the previous trading day.  

Market outlook

Overall, the tin ingot market had recently seen loose supply and weak demand, and it is expected to remain stable, and weaker in the short term. However, the spot market had recently seen good transactions, and the downward space for tin prices is also limited.

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