The mainstream quotation range of 1# tin ingot in the domestic spot tin market is 168,000-170,000 RMB/ton, with an average price of 169,000 RMB/ton, an increase of 5,500 RMB/ton from the previous trading day.
On the 4th, the US dollar closed down 1.95%, and the metal market generally rose due to the boost. Shanghai tin led the rise by 6.26% in night trading, and continued to rise in early trading, rising by more than 5%, and the spot market followed suit.
From the fundamental point of view, the mentality of the tin market is still low, and the price of tin is more affected by the macro, and it is mainly to maintain a wide fluctuation trend.
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