Commodity News
SunSirs : Upregulation of Domestic Spot Tin Market
January 03 2024 15:42:57
The mainstream quotation range for 1 # tin ingot in the domestic spot tin market is 209000-211500 RMB/ton, with an average price of 210250 RMB/ton, an increase of 1500 RMB/ton compared to the previous trading day.
The recent supply in the tin ingot market has been relatively loose, and demand remains weak. From the perspective of supply and demand, it is expected to maintain a stable, moderate, and weak operation in the short term. Today, the spot market followed the early rise of Shanghai tin, and 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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