The spot tin market price (7.8-7.15) fell after the market shock this week. The average price in the domestic market was 192110 yuan / ton last weekend and 189810 yuan / ton this weekend, down 1.2% this week.

The K-bar chart of commodity prices uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of a bar chart. Investors can buy and sell investments according to the changes of the K-bar chart. Red means: rising; Green means: down; The height of K column indicates the range of rise and fall. It can be seen from the above figure that tin prices continued to weaken after April.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 28th week of 2022 (7.11-7.15), there is a total of one commodity rising in the non-ferrous sector, and the rising commodity is metallic silicon (2.43%). A total of 20 commodities fell month on month, with a total of 6 commodities falling by more than 5%, accounting for 26.1% of the monitored commodities in this sector; The products with the top three declines were nickel (-8.74%), zinc (-6.02%) and praseodymium neodymium alloy (-5.94%). The average rise and fall this week was -2.84%.

Futures market situation this week

varieties., Closing price, Compared with the same period last week, Inventory (ton)

Shanghai tin, 181500 yuan / ton- 1780 yuan / ton, three thousand eight hundred and eighty-three

London tin, 24775 dollars / ton- 345 dollars / ton, three thousand five hundred and fifty

This week, the futures market fell as a whole. Except for the sharp rise in the price on the 12th, it was in a downward trend as a whole. On the night of the 11th, the dollar rose sharply, crude oil prices fell significantly, and the overall performance of the metal market was mixed, with Lun Xi leading the rise of 2%, and Shanghai Xi’an rising more than 3%. In the morning trading on the 12th, Shanghai tin continued its upward trend at night and continued to lead the metal market. As of the closing of the 12th, the Shanghai tin 2208 contract closed up 2.45%, and the spot market rose by 8000-10000 yuan / ton on the same day. After the sharp rise, Shanghai tin fell for two consecutive days, creating an inverted “V” trend for Shanghai tin this week. In terms of supply, smelters stopped production for maintenance in July, and the overall output is expected to decline in July. The downstream demand has not changed much recently, and the start-up of tin solder enterprises is generally low. In the near future, the trend of tin price is still disturbed by macro factors, and it is expected that the trend of tin price will remain wide and volatile.