[SMM Shanghai tin express] the overall transaction atmosphere in the Shanghai tin spot market is generally weak

[SMM Tin Midday Review: Extension of Ceasefire Deadline Flattens Macro Sentiment, Tin Prices Continue Volatile Pattern]

Liyuan Information's subsidiary Wuhan Xinyuan Semiconductor issued a price adjustment notice, stating that starting from May 6, 2026, Wuhan Xinyuan Semiconductor will implement a new pricing system for its entire product lineup, and all product prices will need to be renegotiated. Xinyuan Semiconductor stated that core upstream raw materials in the semiconductor industry chain, such as wafers and packaging & testing, have continued to rise recently, and industry capacity supply is tight. The original prices can no longer support subsequent capacity assurance and product delivery.

Commerzbank noted that due to the sharp rise in memory chip prices in recent months, European currencies could be affected to some extent. This could deliver another terms-of-trade shock to the eurozone and Europe as a whole, in addition to the energy price shock caused by the war in Iran. Some of the countries with the largest trade deficits are eurozone members, including Italy, Portugal, and Germany. Poland, Hungary, the Czech Republic, and the UK also have trade deficits.