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Home / Metal News / SMM Daily Review - 2011/10/27 Tin Market

SMM Daily Review - 2011/10/27 Tin Market

Oct 28, 2011 08:41

Source:SMM

Shanghai spot tin prices were little changed on October 27th. Mainstream tin brands Yunxi, Yunheng and Yunxiang traded between RMB 181,000-183,000/mt.

SHANGHAI, Oct. 28 (SMM) – Shanghai spot tin prices were little changed on October 27th. Mainstream tin brands Yunxi, Yunheng and Yunxiang traded between RMB 181,000-183,000/mt. Small volumes of Nanshan branded tin was traded between RMB 180,000-181,000/mt. Fluctuation continued in LME tin prices despite progresses made on solving the European debt crisis. Downstream demand remained weak. Supply by smelters was limited due to high production cost.

tin price

LME tin

Shanghai spot tin

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In the short term, LME tin is estimated to fluctuate at the previous price range to look for direction, with support available at USD 20,400/mt.

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SMM Daily Review - 2011/10/27 Tin Market

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025