According to the monitoring of the commodity market analysis system of Shengyi Society, the 1 # tin ingot market in East China fell this week (8.26-8.29), with an average market price of 265640 yuan/ton at the beginning of the week and 265680 yuan/ton at the end of the week, a decrease of 0.21%.

Recently, tin prices have fluctuated downward. The price fluctuation has intensified, and the willingness of refineries to raise prices is supported, which has hindered the actual shipment volume. There is no significant improvement in the overall spot market, with traders selling steadily and first-time buyers restocking at low prices.

The demand terminal industry is in the off-season of consumption, with limited price advantages and suppressed order demand. The maintenance of leading enterprises and tight supply have provided support for tin prices. The tin ingot market still needs to pay more attention to whether the actual consumption during the peak season in the future market will increase, as well as changes in inventory.