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SMM Daily Review - 2011/9/15 Tin Market
Sep 16, 2011 08:48Source:SMM
Mainstream traded prices for Jiangxi tin and other obscure brands were between RMB 191,500-192,000/mt, and RMB 195,000-195,500/mt for mainstream branded tin.
SHANGHAI, Sept. 16 (SMM) – Domestic tin price continued its dial back despite steady prices of Yunxi etc. branded tin and rebounding LME tin prices in the morning session. The bearish sentiment still prevailed in domestic tin market, with demand improvement hardly seen in spite of luring lower prices of imported as well as Jiangxi tin. Mainstream traded prices for Jiangxi tin and other obscure brands were between RMB 191,500-192,000/mt. Mainstream branded tin mainly traded between RMB 195,000-195,500/mt.
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