Group 1 - The core viewpoint indicates that tin prices are maintaining a range-bound operation due to a tight supply in the short term and a lack of significant demand boost from downstream industries [1] - The main contract for tin closed at 265,770 yuan/ton, reflecting a slight increase of 0.92% [1] - The Congo (DRC) has become China's largest source of imported tin concentrate, surpassing Myanmar, with the Bisie tin mine resuming operations after a temporary halt due to armed conflict [1] Group 2 - The recovery of the Bisie tin mine is progressing well, with the first batch of tin concentrate expected to enter the smelting phase by June 2025 [2] - The operating rates of tin smelting enterprises in Yunnan and Jiangxi remain low due to raw material supply shortages, with the import volume from Myanmar falling below the warning line for several months [1] - The overall order situation from downstream customers is limited, as the willingness to restock in the electronics and home appliance sectors is low despite relatively high tin prices [1]
短期矿端供应仍然偏紧 沪锡小幅走高【5月14日SHFE市场收盘评论】
Wen Hua Cai Jing·2025-05-14 10:35