SMM Daily Review – 2011/8/5 Tin Market

Aug 8, 2011 08:51

Source:SMM

SHANGHAI, Aug. 8 (SMM) – Market transactions of tin in Shanghai were quite sluggish on August 5th. As LME tin prices plunged and consumption was weak,

SHANGHAI, Aug. 8 (SMM) – Market transactions of tin in Shanghai were quite sluggish on August 5th. As LME tin prices plunged and consumption was weak, tin prices fell below RMB 200,000/mt during the day. Yunxi and Yunheng branded tin was traded between RMB 200,000–203,000/mt. Mainstream traded prices of Nanshan and Feidie etc. branded tin were between RMB 199,500-200,000/mt. Wait-and-see attitude among downstream purchasers turned stronger with falling tin prices, and market transactions were rarely reported as a result. However, falling pace of tin prices was relatively slow supported by limited domestic resources. LME tin prices dropped by 12% during the week from August 1st to 5th, while domestic tin pries only fell by 1.65% during the same period.

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

tin price

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Daily Review – 2011/8/5 Tin Market

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE