On May 30, the mainstream quotation range of 1\tin ingot in the domestic spot tin market was 270000-276000 yuan / ton, with an average price of 273000 yuan / ton, up 11500 yuan / ton compared with the previous trading day.
The strength of the futures market in early trading on the 30th led to the upward movement of the spot market of tin ingots. Negotiations in the high market were rather cold. Today, the market was in a strong wait-and-see mood. From the basic point of view, the supply at the mine end is relatively loose, the domestic refineries are operating smoothly, and the supply of tin ingots is relatively normal. With the resumption of work and production plan in many places in the downstream electronics industry, there are signs of recovery in recent construction. The market expects that there will be a certain demand for tin ingots in the future. Today, the tin price hit the bottom and rebounded. On the whole, the liberalization of tin demand is limited, and the support for tin demand is limited. Therefore, it is expected that in the short term, tin prices will maintain a strong trend of volatility, with a limited overall increase.
Gamma Polyglutamic Acid |