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Home / Metal News / SMM Daily Review - 2011/10/25 Tin Market

SMM Daily Review - 2011/10/25 Tin Market

Oct 26, 2011 08:35

Shanghai spot tin prices climbed to above RMB 180,000/mt on October 25th supported by continuously climbing LME tin prices.

SHANGHAI, Oct. 26 (SMM) – Shanghai spot tin prices climbed to above RMB 180,000/mt on October 25th supported by continuously climbing LME tin prices. Small volumes of Nanshan branded tin was traded at RMB 180,500/mt in the morning. Other branded tin including Yunxi, Yunheng, and Yunxiang was mainly traded between RMB 182,000-183,000/mt. Market supply was tight during the day as many smelters stood on the sidelines. Some downstream buyers purchased seeing tin prices climbing. Despite a slight increase, market transactions remained limited.

tin price

LME tin

Shanghai spot tin

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