SMM Daily Review - 2012/1/12 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/1/12 Tin Market

SMM Insight 08:46:35AM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – Spot tin prices stabilized on Thursday as weaker demand overshadowed tight supply, with mainstream Yunxi, Jinhai, Yunshan and Nanshan branded tin trading between RMB 170,000-172,000/mt. Almost completed stock replenishments ahead of the Chinese New Year and damped buying interest are major contributors of the weaker demand.

SMM Daily Review - 2012/1/12 Tin Market

SMM Insight 08:46:35AM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – Spot tin prices stabilized on Thursday as weaker demand overshadowed tight supply, with mainstream Yunxi, Jinhai, Yunshan and Nanshan branded tin trading between RMB 170,000-172,000/mt. Almost completed stock replenishments ahead of the Chinese New Year and damped buying interest are major contributors of the weaker demand.