SMM Daily Review - 2011/11/15 Tin Market

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.