Monthly Tin Market Report Aug 2023
2023-09-11 08:41:34 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1 Market Highlights
As the Myanmar government allows the dressing plants to continue to operate and most downstream clients stock up in advance, the prices of tin concentrate went down during the past month.
In August, the market demand kept weak and social inventories still remained a high level and the supply of tin ingot increased as the smelters increased their production successively, leading to the prices of tin ingot went down during the past month.
The prices of tin solder moved down because of decreasing prices of raw materials. Most downstream clients purchased with cautious views during the past month. The market still kept
weak demand.
As the Myanmar government allows the dressing plants to continue to operate and most downstream clients stock up in advance, the prices of tin concentrate went down during the past month.
In August, the market demand kept weak and social inventories still remained a high level and the supply of tin ingot increased as the smelters increased their production successively, leading to the prices of tin ingot went down during the past month.
The prices of tin solder moved down because of decreasing prices of raw materials. Most downstream clients purchased with cautious views during the past month. The market still kept
weak demand.
