The TCs of Chinese tin solder flat
2024-04-04 07:24:57 [Print]
BEIJING (Asian Metal) 4 Apr 24 - The current mainstream TCs of Chinese tin solder Sn 99.3%min Cu 0.7%max stand at RMB6.5-7/kg (USD0.91-0.97/kg) EXW D/P, in line with yesterday. As the consumption from downstream clients kept stable and the prices of raw materials remained flat during the past two days, most suppliers preferred to hold their TCs firm. Thus, insiders predict that the mainstream TCs of Chinese tin solder would keep firm this week.
A producer in Guangdong reports,"We could consider accepting the TC for Sn 99.3%min Cu 0.7%max stable at around RMB7/kg (USD0.97/kg) EXW D/P and refused any lower price since early this week but didn't close any deal these two days due to no inquiry." While they last sold about 2t at such price this Monday. As the prices of tin ingot remain steady and most of their clients purchase as usual, the producer predicts that the mainstream TC of Chinese tin solder would keep stable in the following days.
With an annual production capacity of 600t, they plan to produce around 40t this month, unchanged from last month. They hold about 8t of inventories now. They produced about 400t in 2023 and around 80t this year to date.
"We quoted the TC at about RMB7/kg (USD0.97/kg) EXW D/P with no more concession for tin solder Sn 99.3%min Cu 0.7%max and sold about 2t this morning," another producer in Guangdong says. They sold about another 2t or so at the same price yesterday. Due to stable consumption from their clients, they would like to firm their TC unchanged and estimate that the mainstream TC of Chinese tin solder would keep firm in the following days.
The company, based on an annual production capacity of 4,000t, predicts to produce about 240t in April, on par with last month. They produced about 2,700t in 2023 and about 500t so far this year, holding no inventory currently.
A producer in Guangdong reports,"We could consider accepting the TC for Sn 99.3%min Cu 0.7%max stable at around RMB7/kg (USD0.97/kg) EXW D/P and refused any lower price since early this week but didn't close any deal these two days due to no inquiry." While they last sold about 2t at such price this Monday. As the prices of tin ingot remain steady and most of their clients purchase as usual, the producer predicts that the mainstream TC of Chinese tin solder would keep stable in the following days.
With an annual production capacity of 600t, they plan to produce around 40t this month, unchanged from last month. They hold about 8t of inventories now. They produced about 400t in 2023 and around 80t this year to date.
"We quoted the TC at about RMB7/kg (USD0.97/kg) EXW D/P with no more concession for tin solder Sn 99.3%min Cu 0.7%max and sold about 2t this morning," another producer in Guangdong says. They sold about another 2t or so at the same price yesterday. Due to stable consumption from their clients, they would like to firm their TC unchanged and estimate that the mainstream TC of Chinese tin solder would keep firm in the following days.
The company, based on an annual production capacity of 4,000t, predicts to produce about 240t in April, on par with last month. They produced about 2,700t in 2023 and about 500t so far this year, holding no inventory currently.
