Shanghai Metal Market: Tin prices fluctuate and adjust, with some transactions remaining acceptable

Recently mainly affected by macro sentiment, prices have been fluctuating at high levels, and today the price decline has expanded. The tin market has increased shipment efforts, and some merchants offering larger discounts are still able to sell; on the consumption side, buyers’ procurement efforts are somewhat sluggish, with many waiting on the sidelines at high levels. Additionally, as short-term supply has increased, if demand does not quickly follow up, the market may still worry about inventory growth pressure. The market remains steady, and it is heard that small brands have a premium of about 1,000 to 1,500 yuan/ton in May, the “Yun” brand premium is around 1,500 to 2,000 yuan/ton, and “Yunxi” has a premium of about 2,000 to 2,500 yuan/ton. (SHMET)