Group 1 - Copper prices have recently surged, leading to a significant increase in tin prices, but the market sentiment has cooled down, resulting in a 0.6% decline in tin prices, closing at 268,110 CNY per ton [1] - The supply of tin from Myanmar is recovering slowly, providing short-term support for prices, but the long-term recovery expectations are clear, which may restrict upward price movement [1] - The operating rate of refined tin smelting enterprises in Yunnan and Jiangxi has slightly increased, reaching 50.97% as of last week, but production enthusiasm remains low due to supply shortages and maintenance [1] Group 2 - The recent decline in demand from the photovoltaic industry and the electronics sector has contributed to a weak market performance, with downstream consumers showing a cautious attitude towards high prices [1] - The social inventory of tin ingots has shifted from a depletion phase to a slight accumulation, indicating a change in market dynamics [1] - Expectations for the future suggest that tin prices may experience a slight decline, as the fundamental factors do not support a sustained increase, despite the recent high price levels [2]
淡季消费疲软 沪锡震荡回落【6月30日SHFE市场收盘评论】
Wen Hua Cai Jing·2025-06-30 07:21