Shanghai Metal Market: Tin Prices Rise Again, Market Conditions Fairly Steady

K-LinePoet · 2026-04-02T03:43:10+00:00

Currently, the support below the price is not weak, and the market has strengthened again today. Due to domestic consumption growth falling short of expectations, the overall fundamentals need improvement. The high price levels are not conducive to the growth of spot demand. Although most traders are maintaining shipments, actual sales are facing pressure, and buyers are becoming more cautious, with only some small-scale urgent purchases. Following the market trend, small brands are carrying a premium of about 1,500 to 2,000 yuan/ton for April delivery, Yunzi head premiums are around 2,000 to 2,500 yuan/ton for April, and Yunnan Tin premiums for April remain around 2,500 to 3,000 yuan/ton. (SHMET)

K-LinePoet

2026-04-02 03:43:10

The support below the current price is not weak. Today’s market has strengthened again. Because domestic consumption growth is below expectations, the overall fundamentals still need improvement. The price is at a high level, which is not conducive to growth in spot demand. Although most traders maintain shipments, actual sales face pressure. End users are more cautious and wait-and-see, and only some small-lot purchases driven by immediate demand are being taken up. Following the market: small brands are maintaining April premiums of around RMB 1,500 to RMB 2,000 per ton; the Yun-character brand is holding April premiums of around RMB 2,000 to RMB 2,500 per ton; and Yunnan Tin (Yunxi) is unchanged at April premiums of around RMB 2,500 to RMB 3,000 per ton. (SHMET)

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