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Home / Metal News / SMM Daily Review - 2011/11/9 Tin Market

SMM Daily Review - 2011/11/9 Tin Market

Nov 10, 2011 08:53

Source:SMM

Shanghai spot tin prices stayed between RMB 179,000-181,500/mt on November 9th. Mainstream tin brands of the day were Yunxi, Yunheng, Tianti, Yunxiang and Jinlong.

SHANGHAI, Nov. 10 (SMM) – Shanghai spot tin prices stayed between RMB 179,000-181,500/mt on November 9th. Mainstream tin brands of the day were Yunxi, Yunheng, Tianti, Yunxiang and Jinlong. Though LME tin prices surged overnight, Shanghai spot tin prices were little changed due to weak demand. If LME tin can continue its current climbing trend, domestic tin prices may rise as smelters hold quotations firm and imported tin is being gradually consumed. The upward space of domestic tin prices is limited, however, by the weak demand. If LME tin fails to see further break though, domestic tin prices are expected to stay at the current range and may even slip.

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Shanghai spot tin

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