On July 6, the mainstream quotation range of 1 × tin ingot in the domestic spot tin market was 189000-194000 yuan / ton, with an average price of 191500 yuan / ton, down 12250 yuan / ton from the previous trading day.
On the night of the 5th, the US dollar hit another 20-year high, non-ferrous metals fell across the board under pressure, and Shanghai tin closed down 5.34%. From the fundamental point of view, the current downstream demand performance is general, and the overall market performance is weak. Although the tin price has been declining, there is no sign of demand improvement in the downstream, and the purchase on demand is still maintained. It is expected that the future market will continue to be under pressure under the pattern of weak supply and demand.
| POLYVINYL ALCOHOL |