SMM Daily Review - 2011/7/20 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2011/7/20 Tin Market

SMM Insight 09:35:07AM Jul 21, 2011 Source:SMM

SHANGHAI, Jul. 21 (SMM) – In Shanghai tin spot markets, prices posted slight gains on Wednesday, boosted by sharp rises in the LME tin market. Mainstream traded prices for tin from Yunnan Tin Group, Yunheng and Yunxiang brands were RMB 202,800-203,500/mt, while some minor brands such as Nanshan and Jinlong etc. traded at RMB 202,500/mt. Quotations in the morning reached as high as RMB 204,000/mt and even higher, but weak consumption decided the actual traded prices to improve only slightly. Besides, major smelters also raised their ex-works prices, supporting spot prices. Brand variety shows a sign of increase, which may help ease the market shortage.


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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: service.en@smm.cn

 


 

Key Words:  tin Sn 

Price

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#1 Refined Cu
Jul.22
47610.0
-50.0
(-0.10%)
Standard-Grade Copper
Jul.22
47585.0
-55.0
(-0.12%)
High-Grade Copper
Jul.22
47630.0
-60.0
(-0.13%)
Guixi copper
Jul.22
47640.0
-60.0
(-0.13%)
Low-quality copper
Jul.22
47550.0
-30.0
(-0.06%)

SMM Daily Review - 2011/7/20 Tin Market

SMM Insight 09:35:07AM Jul 21, 2011 Source:SMM

SHANGHAI, Jul. 21 (SMM) – In Shanghai tin spot markets, prices posted slight gains on Wednesday, boosted by sharp rises in the LME tin market. Mainstream traded prices for tin from Yunnan Tin Group, Yunheng and Yunxiang brands were RMB 202,800-203,500/mt, while some minor brands such as Nanshan and Jinlong etc. traded at RMB 202,500/mt. Quotations in the morning reached as high as RMB 204,000/mt and even higher, but weak consumption decided the actual traded prices to improve only slightly. Besides, major smelters also raised their ex-works prices, supporting spot prices. Brand variety shows a sign of increase, which may help ease the market shortage.


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: service.en@smm.cn

 


 

Key Words:  tin Sn