Monthly Tin Market Report May 2022
2022-06-16 08:46:42 【Print】
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1 Market Highlights
As the demand showed weakness while the supply eased due to increased volume of imported tin concentrate, most producers decreased their prices this month.
As most consumers purchased from hand to mouth due to blocked transportation caused by epidemic, the Chinese tin ingot market stayed weak in May. Therefore, the mainstream prices of Chinese tin ingot declined in May.
As most downstream clients waited on the sidelines and the prices of raw materials declined, most tin solder producers decreased their prices but held their TCs unchanged this month supported by production cost.
As the demand showed weakness while the supply eased due to increased volume of imported tin concentrate, most producers decreased their prices this month.
As most consumers purchased from hand to mouth due to blocked transportation caused by epidemic, the Chinese tin ingot market stayed weak in May. Therefore, the mainstream prices of Chinese tin ingot declined in May.
As most downstream clients waited on the sidelines and the prices of raw materials declined, most tin solder producers decreased their prices but held their TCs unchanged this month supported by production cost.