WildTigerTumble| Yangtze River Nonferrous Metals: Tin prices fell slightly on the 27th, market conditions were weak, and Tin inventories increased slightly

Trend of Shanghai-tin after noon today: Today's Shanghai-tin contract fell slightly by 2,406WildTigerTumble, the opening price is 274470 yuan/tonWildTigerTumble, the intraday high was 274990 yuan/ton, the lowest was 270360 yuan/ton, the settlement price was 272820 yuan/ton, and the closing price was 272900 yuan/ton, down 450 yuan, down 0WildTigerTumble.16%; Shanghai-Tin's main monthly contract volume was 68475 lots, and the open position was 44143 lots, an increase of 3576 lots from the previous day.

Today's spot tin price trend: On May 27, the price of ccmn Yangtze River Comprehensive No. 1 tin was 270,900 - 273,900 yuan/ton, and the average price was 272400 yuan/ton, down 500 yuan; today, the price of spot 1 tin in Shanghai was 270,250 - 274,250 yuan/ton, and the average price was 272250 yuan/ton, down 500 yuan/ton from the previous trading day.

ccmn tin market analysis: On the macro level, the minutes of the Federal Reserve meeting released last week were more hawkish, with the addition of US jobless claims data and US PMI data stronger than expected. A series of strong economic data were released to suppress interest rate cuts expectations, and the macro level was intertwined with long and short positions; The approval of RKAB in Indonesia is still delayed, orders from downstream companies have improved, the operating rate of the domestic lead-acid battery industry is stable, and some large factories continue to maintain full production, driving the purchase of tin ingots to remain high, and the high prosperity of the integrated circuit industry, photovoltaic and other industries has driven the marginal improvement of demand. In terms of inventories, social inventories increased slightly last week. The overall market performance of spot tin today is still weak, and market trading activity is low. Tin prices are expected to fluctuate within a narrow range in the short term or rebound after correction. This view is for reference only and does not provide guidance on trading

Yangtze River Nonferrous Metal Network