Commodity News
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.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-25 SunSirs: Affected by Supply Shortage on April 22nd, Shanghai Tin Rose 6.31% in a Single Day
- 2024-04-18 SunSirs: On April 17th, under the Macroeconomic Disturbance, the Shanghai Tin Exchange Ended Its 10 Consecutive Gains
- 2024-04-11 SunSirs: On April 10th, Supply Concerns Combined with Macroeconomic Benefits Led to an Increase in Shanghai Tin Prices
- 2024-02-07 SunSirs: The Holiday Atmosphere Was Strong, and the Tin Ingot Market Was Operating to Be Weaker (January 29-February 5)
- 2024-01-30 SunSirs: Stocking before Holiday, Tin Ingot Market Was Upward (January 19-26)
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