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Shanghai Metal Market: Tin prices continue to decline, with some market participants replenishing inventory for immediate needs

K-LinePoet
Short-term macroeconomic uncertainty remains, and pressure on market trends has increased as prices have recently fluctuated and adjusted. Some merchants have raised prices to sell, but due to weaker consumption, overall short-term market demand still does not grow sufficiently. Merchant feedback indicates that besides certain just-needed demand that can be met, some participants still are not actively accepting orders. It is expected that, in the short term, off-season factors will continue to affect market performance. With the market following and adjusting upward, reports indicate that small brands are offering a premium for July of around 200-600 yuan/ton, the Yunzi-head group is offering a premium for July of around 600-900 yuan/ton, and Yunzhi Tin is offering a premium for July of around 900-1200 yuan/ton. (SHMET)
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