The spot tin market price (9.3-9.10) this week was mainly upward. The average price in the domestic market was 249350 yuan / ton last weekend and 257933 yuan / ton this weekend, up 3.44% this week.

On September 11, the tin commodity index was 131.39, unchanged from yesterday, hitting a record high in the cycle, up 206.56% from the lowest point of 42.86 on December 9, 2015. (Note: the period refers to the period from September 1, 2011 to now).

The trend of futures market was strong this week, with Shanghai tin rising by 4.19% this week. In the spot market, the overall supply of domestic spot tin inventory was still tight, the inventory decreased slightly compared with last week, and the tin price reached a new high of 253520 yuan / ton. At present, the downstream demand is stable, and the demand of the electronic industry is expected to improve in the future. However, the downstream is afraid of heights, and it is basically based on on-demand procurement. Domestic mine end supply is still tight as a whole.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 36th week of 2021 (9.6-9.10), there are 15 kinds of commodities rising month on month in the non-ferrous sector, including 1 kind of commodity rising by more than 5%, accounting for 4.5% of the monitored commodities in the sector; The top three commodities were metal silicon (7.94%), nickel (4.93%) and aluminum (4.64%). There were three commodities with month on month decline, and the top three products were gold (- 1.53%), silver (- 0.55%) and cobalt (- 0.35%). Both rose or fell by 1.4% this week.

In the future, the business society believes that under the current tight supply, the future tin price will remain high and oscillate, and there is still the possibility of reaching a new high.