On July 27, the mainstream quotation range of 1# tin ingot in the domestic spot tin market was 190500-193500 yuan / ton, with an average price of 192000 yuan / ton, down 4000 yuan / ton from the previous trading day.
| Thiourea |
On the 26th, most LME London metals rose, only London tin and London nickel fell, of which London tin fell 0.69%. The domestic metal market generally fell at night, with Shanghai tin falling more than 1%. In terms of inventory, the latest data of London tin inventory on the 26th was 3670 tons, a new high in the past year, dragging down London tin.
In terms of supply, smelters stopped production for maintenance in July, and the overall output is expected to decline in July. However, the downstream demand has not changed much recently, and the overall start-up of tin solder enterprises is still low, with fewer orders. In terms of the market, the delivery of the contract in the spot market this week has been completed, the overall performance of the market supply is relatively sufficient, the market transaction is general, and most of the goods are shipped at a discount. The recent trend of tin price is still disturbed by macro factors, and it is expected that tin price will remain wide and volatile under the pattern of weak supply and demand.
| http://www.thiourea.net |