Price trend

On November 22nd, the mainstream quotation range for 1# tin ingot in the domestic spot tin market was 206,500-208,500 RMB/ton, with an average price of 207,500 RMB/ton, a decrease of 2,000 RMB/ton compared to the previous trading day.

Market outlook

Overall, the changes in tin supply and demand were limited, and there had been no significant improvement in terminal demand expectations. It is expected that the tin ingot market will continue to operate stably and to be weaker in the future, with a focus on the impact of macroeconomic fluctuations on the market in the near future.

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