The futures prices rose again, and market cautiousness persisted. As downstream companies finished restocking and gradually entered holiday mode, the overall market performance today was relatively subdued. Although some traders continued to sell, most reported poor sales. The follow-up price increase was again implemented, with small brands offering a premium of about 1000-1500 yuan/ton for March, the Yunzi brand offering a premium of around 1500-2000 yuan/ton for March, and Yunnan Tin offering a premium of approximately 2000-2500 yuan/ton for March. (SHMET)
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Shanghai Metal Market: Tin Prices Rise, Market Conditions Remain Slightly Weak
The futures prices rose again, and market cautiousness persisted. As downstream companies finished restocking and gradually entered holiday mode, the overall market performance today was relatively subdued. Although some traders continued to sell, most reported poor sales. The follow-up price increase was again implemented, with small brands offering a premium of about 1000-1500 yuan/ton for March, the Yunzi brand offering a premium of around 1500-2000 yuan/ton for March, and Yunnan Tin offering a premium of approximately 2000-2500 yuan/ton for March. (SHMET)