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SunSirs: On August 23rd, the Domestic Spot Tin Market Price was Lowered

August 23 2023 10:57:06     

The mainstream quotation range for 1 # tin ingot in the domestic spot tin market is 218000-220000 RMB/ton, with an average price of 219000 RMB/ton, a decrease of 750 RMB/ton compared to the previous trading day.

The Shanghai Tin Exchange slightly lowered its early trading price, while the spot market followed suit. Currently, the market sentiment is on the wait-and-see side, and it is expected that the future market will continue to maintain a weak and volatile trend without external news stimulation.

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