On July 12, the mainstream quotation range of 1 × tin ingot in the domestic spot tin market was 199000-203000 yuan / ton, with an average price of 201000 yuan / ton, an increase of 8000 yuan / ton compared with the previous trading day.

On the night of the 11th, the US dollar rose sharply, the crude oil price fell significantly, and the metal market showed mixed performance last night, with Lun Xi leading the rise of 2% and Shanghai tin rising more than 3%. In the morning trading today, Shanghai tin continued its upward trend at night and continued to lead the metal market. As of the close, the Shanghai tin 2208 contract closed up 2.45%, and most of the spot market rose by 8000-10000 yuan / ton today. 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.