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EventsConsultingSMM Daily Review - 2011/12/20 Tin Market
Dec 21,2011 09:15
CSTSMM Insight
Source:SMM
Spot tin prices were little changed in Shanghai on Tuesday, with mainstream Yunxi, Yunshan, Yunheng, Nanshan and Jinlong branded tin trading between RMB 157,000-160,000/mt.
SHANGHAI, Dec. 21 (SMM) – Spot tin prices were little changed in Shanghai on Tuesday, with mainstream Yunxi, Yunshan, Yunheng, Nanshan and Jinlong branded tin trading between RMB 157,000-160,000/mt. Chinese spot tin prices stabilized together with LME tin and some support is seen at the RMB 157,000/mt mark. The price range has been narrowing day by day, thereby driving closer prices of mainstream and second and third tier tin brands. Market supply stayed low and the weak downstream demand hardly improved.
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Shanghai spot tin
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