Published: Oct 9, 2023 18:48
【SMM Tin Briefing: Tin Price Drop Drives Market Transactions to Warm Up, Tin Ingot Imports Profitability Expands Again】Today's tin prices dropped significantly, downstream enterprises in the market have a strong purchasing sentiment, and most trading companies feedback that today's shipments are very good, with most shipments around 20-60 tons this morning. Today's Shanghai Futures Exchange tin warehouse decreased by 271 tons to 6791 tons, while LME tin stocks decreased by 15 tons to 7500 tons. Calculated with a 3% tariff, the import profitability window of SHFE tin 2310, 2311, 2312 and 2401 contracts respectively opened again, with 2581.28 yuan/ton, 2248.05 yuan/ton, 1378.45 yuan/ton and 678.45 yuan/ton.

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【SMM Tin Briefing: Tin Price Drop Drives Market Transactions to Warm U - Shanghai Metals Market (SMM)