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Shanghai Metal Market: Tin prices rise, activity remains modest
On the first trading day after the holiday, tin prices rose. Most traders have basically returned, but the downstream market will not fully recover until after the Lantern Festival. Currently, market conditions still need improvement, and activity remains low. Additionally, policy changes at raw material production sites will continue to influence price fluctuations, so close attention is required. Prices are steady compared to previous levels. Small brands are trading at a premium of about 1,900 yuan/ton for March delivery, while the “Yun” prefix is at a premium of around 1,900 to 2,200 yuan/ton for March. Yunxi is at a premium of approximately 2,200 to 2,500 yuan/ton for March. (SHMET)