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SMM Daily Review - 2011/11/16 Tin Market
Nov 17,2011 08:54CST
smm insight
Source:SMM
Shanghai spot tin prices slipped a little bit on November 16th following losses in LME tin prices.

SHANGHAI, Nov. 17 (SMM) – Shanghai spot tin prices slipped a little bit on November 16th following losses in LME tin prices. Mainstream Yunxi, Yunheng, Yunxiang and Jinlong branded tin was traded between RMB 177,000-179,500/mt. Nanshan branded tin was traded at RMB 176,000/mt. Imported tin continued to enter the domestic market, thereby eroding demand for domestic tin. SMM expects domestic tin prices to slip further as demand will remain weak even after imported tin is consumed.

tin price
LME tin
Shanghai spot tin
imported tin

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