SHANGHAI, Dec. 1 (SMM) – Shanghai spot tin prices saw heavy losses on November 30th as continuous weakness in LME tin and poor macro environment damped goods holders’ confidence to hold prices and as a few smelters moved goods at lower prices due to capital pressure. Mainstream Yunheng, Yunshan, Tianti, Yunxiang and Nanshan branded tin was traded between RMB 168,500-169,500/mt. A lowest traded price of RMB 168,000/mt was reported during the day’s trading. Yunxi branded tin was quoted at RMB 171,000/mt but deals were hardly concluded. Due to weak demand, the traded volume remained limited despite of lower prices.
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