On the morning of January 21, 2025, tin prices consolidated at high levels. SHFE tin prices surged significantly during the night session and then fluctuated rangebound, stabilizing around 252,000 yuan/mt. Spot market prices also remained rangebound at high levels. Morning transactions were rather mediocre, with downstream enterprises showing relatively sluggish purchasing sentiment. Traders experienced mixed sales performance today; a small number reported selling one to two truckloads in the morning, while most reported mediocre sales, primarily consisting of sporadic transactions, with more orders placed at low prices.
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