According to the monitoring of the commodity market analysis system of Shengyi Society, the 1 # tin ingot market in East China region rose step by step this week (8.25-8.29), with an average market price of 269990 yuan/ton at the beginning of the week and 273220 yuan/ton at the end of the week, with a weekly increase of 1.20%.

The market is showing a trend of range oscillation, mainly influenced by the game between the support of low inventory and weak demand. In the spot market, trading is relatively quiet, and downstream purchases are mainly focused on meeting rigid demand, with limited acceptance of high prices. The circulation between traders dominates, but the overall market trading sentiment is cautious, and the trading volume has been slightly increased in a moderate manner.
The supply of raw materials and minerals continues to face obstacles. As an important source of tin concentrate supply, the resumption of mining in the Wa State of Myanmar has been slow, constrained by multiple factors such as the rainy season, equipment shortages, and limited supply, far from meeting market expectations.
On the supply side, Tin Industry Co., Ltd. announced that the company will carry out routine shutdown and maintenance work on tin smelting equipment based on the actual situation. The shutdown and maintenance plan will start on August 30, 2025, with an expected duration of no more than 45 days. From the overall situation analysis, due to the tight supply side, the bottom support of tin prices is significantly stronger.
On the demand side, although the end consumer market has not fully recovered yet, with prices continuing to rise and the traditional sales peak season of gold, silver, and silver approaching, the mentality of downstream electronic and photovoltaic ribbon companies has quietly changed. These companies are concerned about further price increases in the future, so they have begun to adopt a preventive strategy by replenishing inventory when prices are relatively low. This shift from a wait-and-see attitude to actively stocking up has brought tangible buying demand to the market.
comprehensive analysis
The market is about to enter the verification stage, and market participants will closely monitor the order status of downstream electronic and photovoltaic companies during September and October. Expected high volatility in tin prices.