Shanghai Metal Network: Tin prices hover at high levels with limited trading activity

Although downstream companies are gradually returning to the market, as prices continue to rise, cautious sentiment has increased. Many inquiries and purchases are more cautious, and it is expected that the short-term market will remain relatively weak before the holiday. Traders are currently having difficulty selling their goods. Prices are being adjusted downward accordingly. Small brands are offering a premium of about 500-800 yuan/ton for March, the “Yunzi” brand is offering a premium of about 800-1000 yuan/ton for March, and “Yunxi” is offering a premium of about 1000-1200 yuan/ton for March. (SHMET)