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Tin prices in India reversed a multi-week slide in late March, rallying into early April as buyers reacted to tightening near-term availability and pockets of demand in packaging and electronics. Early March saw steady inbound refined-tin flows and subdued solder procurement; mid-month the market felt additional pressure from substitution in packaging and trimmed EMS activity. By late March bearish sentiment was entrenched as buyers held minimal cover, but that trend broke in the first week of April when spot values rebounded, signalling a short-term recalibration between ample imports and intermittent demand upticks ahead of the fruit-canning season.
Sector dynamics remain mixed: packaging demand for tinplate was weak through March as aluminium cans, PET bottles and aseptic cartons continued to displace tinplate usage, while electronics assemblers trimmed solder buys amid higher chip and memory costs. The March average Tin Pure Ingot (Sn **.***) ex-Mumbai is reported at $**,***.**/MT,...
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