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SunSirs: On December 13th, the Domestic Spot Tin Market Price Was Lowered
December 14 2023 13:56:19SunSirs(John)

Price trend

On December 13th, the mainstream quotation range for 1# tin ingot in the domestic spot tin market was 206,000-208,000 RMB/ton, with an average price of 207,000 RMB/ton, a decrease of 500 RMB/ton from the previous trading day.

Market outlook

Overall, the tin ingot market had recently seen loose supply and weak demand. From the perspective of supply and demand, it is expected to remain stable and weaker in the short term. In the future, it is still necessary to focus on inventory changes and macro factors.

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