The spot tin market price (3.4-3.11) fluctuated this week. The average price in the domestic market was 342030 yuan / ton last weekend and 343630 yuan / ton this weekend, up 0.47% 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, in the list of commodity prices rising and falling in the 10th week of 2022 (3.7-3.11), there are seven kinds of commodities rising month on month in the non-ferrous sector, including one kind of commodity with an increase of more than 5%, accounting for 4.3% of the monitored commodities in the sector; The top three commodities were nickel (9.37%), metallic silicon (2.35%) and antimony (1.56%). A total of 15 kinds of commodities decreased month on month, and 2 kinds of commodities decreased by more than 5%, accounting for 8.7% of the monitored commodities in this sector; The products with the top three declines were electrolytic manganese (- 11.01%), aluminum (- 8.31%) and zinc (- 3.96%). The average rise and fall this week was – 1.44%.

In the futures market, Lunxi rose sharply on Tuesday, rising to a new record high of US $51000 / ton, mainly affected by the time of Russia and Ukraine. The overall market rose. Lunxi rose sharply due to capital disturbance. Later, as the situation eased, the funds left the market, the price fell, and gradually returned to the normal range. The trend of Shanghai tin basically followed that of Lunxi.

Basically, the import of tin concentrate in Myanmar is relatively stable, the construction of domestic refineries is OK, and the market expects the output of refined tin to rise to a certain extent in March. At present, the domestic tin inventory is still low, the downstream solder enterprises are currently operating on the low side, the demand for tin is weak, and the tin market as a whole is still in a pattern of weak supply and demand.