Shanghai Metal Market: Tin prices decline again, some users purchase on dips

With recent market fluctuations, tin prices remain unstable. Today’s overall market liquidity is not very loose. It is reported that some buyers are purchasing on dips, but as the holiday approaches, downstream demand will gradually decrease. In the short term, the market is expected to remain volatile, with cautious acceptance and relatively slow procurement pace. The market remains steady, with small brands trading at a premium of about 500-1000 yuan/ton for March delivery, the “Yunzi” brand at a premium of around 1000-1400 yuan/ton for March, and “Yinxi” at a premium of approximately 1400-1800 yuan/ton for March. (SHMET)

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