Imported Tin Ingots Show Strong Sales, Yet Overall Spot Market Activity Declines [SMM Tin Morning News]

Sales of Imported Tin Ingots Are Relatively Good, But Overall Spot Market Transactions Are Not as Hot as Before [SMM Tin Morning News]

Last Friday night session, SHFE tin prices moved downwards after a higher opening. Amid the price fluctuations, the overall trading atmosphere in the spot market appeared rather sluggish, with trading volume continuing to shrink. Smelters still stood firm on quotes, providing some support to market prices. Although trading enterprises actively quoted prices, the range of quoted brands has narrowed compared to earlier periods, reflecting the tight supply in the market. Recently, the performance of imported tin in the market has been particularly impressive, with spot cargoes almost completely sold out...