The spot tin market price (12.10-12.17) fluctuated and decreased this week. The average price in the domestic market was 295012.50 yuan / ton last weekend and 295012.50 yuan / ton this weekend, flat.

The commodity price K-bar chart 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, sell and invest 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. The figure above shows that the recent spot tin price has mainly fluctuated in a narrow range.

In the futures market, the market sentiment was affected by the decision of the Federal Reserve meeting on the interest rate in December this week, and Lunxi fell first and then rose this week. Shanghai tin rebounded rapidly at the weekend after a sharp drop in the middle of the week, with a cumulative weekly decline of 0.4%.

In terms of the spot market, it mainly fluctuated in a wide range this week. It fell steadily at the beginning of the week and rose sharply at the weekend. Although the rise and fall was 0, it fluctuated during the week. On the supply side, near the end of the year, the sound field of the enterprise is basically stable recently, the operating rate changes little, and the overall trading is flat compared with the previous period. Upstream supply: the overseas market is still greatly affected, the mine end supply is still tight, the impact of port closure on imported raw materials is still there, and the market supply is still tight. This week, the transaction situation in the domestic spot market is still not ideal, and the downstream just needs to purchase.

According to the price monitoring of business society, there are 8 commodities in the list of commodity prices rising and falling in the 50th week of 2021 (12.13-12.17), and the top 3 commodities are magnesium (4.07%), aluminum (3.78%) and zinc (2.99%). A total of 8 commodities fell month on month, and the top 3 products were praseodymium oxide (- 1.13%), dysprosium oxide (- 1.02%) and praseodymium neodymium alloy (- 0.97%). The average rise and fall this week was 0.49%.

Basically, the tin market still maintains a weak balance between supply and demand, boosted by low inventories, and is expected to maintain a high oscillation trend in the future.