SMM Daily Review - 2012/1/17 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/1/17 Tin Market

SMM Insight 08:44:22AM Jan 18, 2012 Source:SMM

SHANGHAI, Jan. 18 (SMM) – Spot tin trading stayed light on Tuesday in Shanghai, with mainstream traded prices of RMB 170,000-171,500/mt. Market supply remained quite tight. Tin futures to be delivered after the Chinese New Year were quoted below RMB 170,000/mt. Purchases were rarely seen, however, according to traders. Tin prices at the moment see little volatility given low buying interest downstream ahead of the Chinese New Year.

Key Words:  tin price   spot tin   Shanghai   tin futures 

SMM Daily Review - 2012/1/17 Tin Market

SMM Insight 08:44:22AM Jan 18, 2012 Source:SMM

SHANGHAI, Jan. 18 (SMM) – Spot tin trading stayed light on Tuesday in Shanghai, with mainstream traded prices of RMB 170,000-171,500/mt. Market supply remained quite tight. Tin futures to be delivered after the Chinese New Year were quoted below RMB 170,000/mt. Purchases were rarely seen, however, according to traders. Tin prices at the moment see little volatility given low buying interest downstream ahead of the Chinese New Year.

Key Words:  tin price   spot tin   Shanghai   tin futures