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Shanghai Metal Market: Tin prices fluctuate upward, trading shows no significant change
Currently, overall demand improvement is not satisfactory. Aside from some essential purchases, market activity has not shown any significant signs of improvement, and some participants have reported that the trading atmosphere remains relatively weak; whether actual consumption improves or not still requires further observation. Regarding the Shanghai Tin May contract, small traders are offering a premium of about 500-1300 yuan/ton over May, the “Yun” (cloud) label is offering a premium of around 1300-1900 yuan/ton over May, and Yunxi is offering a premium of approximately 1900-2500 yuan/ton over May. (SHMET)