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SMM Daily Review - 2011/9/9 Tin Market
Sep 13, 2011 08:47Source:SMM
Mainstream Yunxi, Yunheng, Nanshan, Kaiyuan, Guangsheng and Lvsexinan branded tin was mainly traded between RMB 194,500-197,000/mt on September 9th.
SHANGHAI, Sept. 13 (SMM) -- Shanghai spot tin prices had a stable run on September 9th. Mainstream Yunxi, Yunheng, Nanshan, Kaiyuan, Guangsheng and Lvsexinan branded tin was mainly traded between RMB 194,500-197,000/mt. Several traders lowered their quotations for Guangdong branded tin to RMB 194,000/mt, which only produced limited impact on market prices. Market transactions remained sluggish. After LME tin prices returned to a downward track, goods holders' confidence to hold price was also damped.
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