Published: Aug 9, 2023 11:55
【SMM Tin Wu Review: Shanghai Tin Price Drops Again, Spot Market Transactions Improve】Yesterday night, Shanghai tin prices fell significantly. Some trading companies in the market reported that the transactions were good yesterday night and shipments were relatively more. Today, tin prices have rebounded, and downstream companies' purchasing willingness has faded again after being released yesterday night. Most trading companies reported that the transactions were relatively flat during the day. Due to the improvement of tin ingot spot shipments last week, the tin price has dropped slightly this week. Downstream companies have released more replenishment demand at relatively low prices. Some trading companies reported that their tin ingot inventories are already low, and they are waiting for the opportunity to replenish in the future.

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