Price trend

The mainstream quotation range for 1# tin ingot in the domestic spot tin market is 225,500-227,500 RMB/ton, with an average price of 226,500 RMB/ton, a decrease of 750 RMB/ton compared to the previous trading day.

Analysis review

Shanghai tin futures fell slightly in the early trading, with the spot market following a downward trend. Domestic inventory remains high, and tin supply remains slightly loose.

Market outlook

It is expected that tin prices will remain volatile and weaker in the short term.

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