SHANGHAI, Jun. 17 (SMM) – In Shanghai tin spot markets, prices keeping firm during the daily session returned on a downward track on Thursday, dragged by sharp declines in the overnight LME tin market. Prices for Yunxiang, Nanshan, Kaiyuan as well as tin from Hunan province were between RMB 191,500-192,000/mt; with some tin from Yunnan Tin Group traded at RMB 196,500/mt. Generally, transactions remained weak on Thursday. Most transactions were made for tin from Jiangxi province; while transactions for goods from Yunnan province were limited, due to high price levels and low market supply from smelters production cuts.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: email@example.com