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