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Home > News > The supply side of tin ingots is still relatively loose, and the spot market may still face pressure to deliver

The supply side of tin ingots is still relatively loose, and the spot market may still face pressure to deliver

2024-03-04

SMM Morning Meeting Minutes: The supply side of tin ingots is still relatively loose, and the spot market may still face pressure for delivery and warehousing. According to SMM research, due to the resumption of production and operation by smelting enterprises in Jiangxi this week, the operating rate of smelting enterprises in Jiangxi has increased by 24.67% to 49.4%, and the operating rate of domestic smelting enterprises in Yunnan and Jiangxi has also rebounded to 52.62%, accompanied by the production increase plans of some smelting enterprises, It is expected that the weekly operating rate of domestic smelting enterprises will continue to rise next week. Hope sufficient supply can stabilize tin prices,then we can update the best prices of tin Soft Soldering Wire, Solder Bar and cored wire for Soldering lead free or tin lead alloy.

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