This week, the spot tin market price (2.25-3.4) was mainly upward. The average price in the domestic market was 340680 yuan / ton last weekend and 342030 yuan / ton this weekend, up 0.44% this week.

The K-bar chart of commodity price uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investment according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall.

According to the price monitoring of the business community, there are 12 commodities in the non-ferrous sector that have increased month on month in the list of commodity prices in the 9th week of 2022 (2.28-3.4). The top three commodities are nickel (4.98%), metallic silicon (3.69%) and aluminum (3.27%). There are 5 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 8.7% of the monitored commodities in this sector; The products with the top three declines were electrolytic manganese (- 10.40%), magnesium (- 7.61%) and dysprosium ferroalloy (- 1.12%). The average rise and fall this week was 0.26%.

In terms of futures market, Shanghai tin was stronger in shock this week, with a weekly rise of 1.9%. The trend of the spot market this week was basically close to Shanghai tin, and the overall shock was upward. After the 25th, affected by Russia and Ukraine, the external metal rebounded sharply, and most domestic metals rose.

Basically, tin is still in a pattern of weak supply and demand. At present, the Russian Ukrainian incident has little impact on the tin market, especially in China. At present, the main factor affecting the price of tin market is inventory. The main factors affecting the domestic tin price are the continuous tight supply at the mine end and the overall low domestic inventory. Low inventory has always been the final factor supporting the gradual rise of tin price. Aftermarket: basically, the current tin inventory is still low, the downstream demand is expected to be OK, the supply is tight, and the demand is expected to be strong. The trend of tin price shock is mainly strong.