Tin prices fell on August 13. According to Mysteel, the quoted price of 1# tin ingot stood at Yuan 423,500–427,000/t, averaging Yuan 425,000/t, decreasing by Yuan 3,000/t. In market trading, as prices declined, some downstream buyers entered the market for essential replenishment; buying interest improved and spot trading volumes rose, though gains were capped by limited growth in end-user orders. Overall, spot market activity was moderate. Looking ahead, cooler U.S. inflation data is a short-term positive for tin prices, but with geopolitical uncertainty and inflation still above the Fed's target, macro factors are likely to remain a source of price disruption. On fundamentals, raw material shortages are expected to persist in the near term, supporting tin prices, while weak consumption weighs on prices. Overall, amid mixed bullish and bearish factors, tin prices are expected to remain volatile at high levles in the short term.
