What are the reasons for the rise in tin ingot prices?
Jan 17, 2025
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What are the reasons for the rise in tin ingot prices?
1. Supply and demand: Global refining capacity growth is weak, while demand continues to grow
| Purity(%) | As | Fe | Cu | Pb | Bi | Sb | Cd | Zn | Al | Total |
| 99.99 | 0.0005 | 0.0025 | 0.0005 | 0.0035 | 0.0025 | 0.002 | 0.0003 | 0.0005 | 0.0005 | 0.01 |
| 99.95 | 0.003 | 0.004 | 0.004 | 0.01 | 0.006 | 0.014 | 0.0005 | 0.0008 | 0.0008 | 0.05 |
| 99.90 | 0.008 | 0.0025 | 0.008 | 0.04 | 0.015 | 0.02 | 0.0008 | 0.001 | 0.001 | 0.1 |
2. Unstable metal market supply: Due to the slowdown in global economic growth and political factors, the metal supply chain is unstable
3. Tense trade relations: The escalating trade war has caused sharp price fluctuations in the metal market
4. Monetary policy: Global central banks continue to ease monetary policy, leading to rising metal prices
5. Investor sentiment: Investors are optimistic about the future trend of the metal market, which has driven up metal prices.
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