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Home / Metal News / SMM Daily Review - 2011/11/15 Tin Market

SMM Daily Review - 2011/11/15 Tin Market

Nov 16, 2011 08:27

Yunxi, Yunheng, Yunxiang and Kaiyuan etc tin brands mostly made deals between RMB 178,000-180,300/mt.

SHANGHAI, Nov. 16 (SMM) – Shanghai spot tin prices were little changed from the previous trading day on November 15th. Yunxi, Yunheng, Yunxiang and Kaiyuan etc tin brands mostly made deals between RMB 178,000-180,300/mt. Nanshan branded tin was quoted at RMB 178,300/mt. The traded volume slipped following an overnight plunge in LME tin prices. This, however, did not lead to an increase in lower-priced supply as smelters were holding goods. Imported tin appeared again in domestic market, for instance, Indonesian tin, which was quoted between RMB 177,000-177,500/mt.

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