Commodity News
SunSirs: On August 9th, the Domestic Spot Tin Market Price Is Lowered
August 09 2023 14:01:22 SunSirs (John)
Price trend
The mainstream quotation range for 1# tin ingot in the domestic spot tin market is 225,500-227,500 RMB/ton, with an average price of 226,500 RMB/ton, a decrease of 750 RMB/ton compared to the previous trading day.
Analysis review
Shanghai tin futures fell slightly in the early trading, with the spot market following a downward trend. Domestic inventory remains high, and tin supply remains slightly loose.
Market outlook
It is expected that tin prices will remain volatile and weaker in the short term.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
Related Information
- 2025-03-05 SunSirs: Tin Prices Fluctuated and Rose in February
- 2025-02-25 SunSirs: Tin Prices Fluctuated Upward This Week (February 17-21)
- 2025-02-05 SunSirs: Tin Prices Fluctuated and Rose in January
- 2025-01-03 SunSirs: Tin Prices Fluctuated and Rose Slightly in December, Showing Signs of Fatigue
- 2024-12-31 SunSirs: Tin Prices Had Slightly Fallen This Week, with Range Fluctuations
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