Monthly Tin Market Report Nov 2023
2023-12-07 08:25:41 【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
Although the market saw tight supply from Myanmar, China imported a lot of tin concentrate from Africa. Therefore, the market supply kept stable basically. Most smelters still purchased from hand to mouth due to the low TCs. Therefore, the prices of tin concentrate decreased this month.
During the past month, most downstream clients watched on sidelines to the market. Due to the sufficient supply caused by large quantities of imported tin ingot, the prices of tin ingot decreased this month.
The prices of tin solder moved down because of decreasing prices of raw materials. The market showed no sign of improvement in the market demand.
Although the market saw tight supply from Myanmar, China imported a lot of tin concentrate from Africa. Therefore, the market supply kept stable basically. Most smelters still purchased from hand to mouth due to the low TCs. Therefore, the prices of tin concentrate decreased this month.
During the past month, most downstream clients watched on sidelines to the market. Due to the sufficient supply caused by large quantities of imported tin ingot, the prices of tin ingot decreased this month.
The prices of tin solder moved down because of decreasing prices of raw materials. The market showed no sign of improvement in the market demand.
