Price trend

On April 7, the mainstream quotation range of 1# tin ingot in the domestic spot tin market was 344,000-346,000 RMB/ton, and the average price was 345,000 RMB/ton, which was 3,250 RMB/ton lower than the previous trading day.

Analysis review

On Wednesday night, the US dollar index rose to a high of 99.78 in the past two years, and the metal market was generally under pressure. London tin and Shanghai tin both closed down. Shanghai tin was lowered in early trading on the 4th, and the spot market adjusted to around 3,000 RMB/ton.

The market transaction situation was general, the tin price was relatively high, the downstream still maintained on-demand procurement, and the overall transaction situation was general.

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