Shanghai Metal Market: Tin prices continue to decline, end users buy on dips

The weak market trend in the tin market continues, with spot prices further declining. Some buyers are purchasing on dips, while traders maintain their selling stance, but the overall outlook remains cautious. Short-term consumption still needs improvement, and due to significant market fluctuations, some participants in the tin market are choosing to wait and see. Prices are slightly moving upward in line with the market, with small brands offering a premium of about 2200-2600 yuan/ton for April delivery, the “Yunzi” head offering a premium of around 2600-2900 yuan/ton for April, and “Yinxi” offering a premium of approximately 2900-3200 yuan/ton for April. (SHMET)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin