On the 28th, the mainstream quotation range of tin ingots in domestic spot tin market was 207500-209000 yuan / ton, with an average price of 208250 yuan / ton, up 8750 yuan / ton from the previous trading day.
On Thursday night, the macro positive was released, which promoted the overall upward trend of non-ferrous metal market. Affected by the current domestic power rationing policy in Yunnan, most local smelters shut down, and the current domestic market circulation is limited. Overseas, affected by the earthquake, a major mine in Congo is expected to reduce production. Supply shortages at home and abroad supported the trend of Shanghai tin last night. Shanghai tin rose about 5% late on Thursday, setting a new record of 209990 yuan / ton. Today, the opening of Shanghai tin continued the trend of last night. As of the closing of 28, the settlement price of the main contract of Shanghai tin 2107 was 205410 yuan / ton, up 4.81%.
In the future, the business community believes that the current tight supply situation at home and abroad will continue for a period of time, and it is expected that the tin price will fluctuate at a high level in the short term.
| POLYVINYL ALCOHOL |