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.

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