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SMM Daily Review - 2012/2/2 Tin Market
Feb 3,2012 09:12CST
smm insight
Source:SMM
Tin prices dropped further in the Shanghai market on Thursday.

SHANGHAI, Feb. 3 (SMM) – Tin prices dropped further in the Shanghai market on Thursday, with Feidie and Jinlong branded tin trading mainly between RMB 183,000-184,000/mt while Yunxi and Yunheng branded tin striking deals mostly between RMB 184,000-185,000/mt. The overall trading volume stayed light as many downstream businesses already stocked up before the Chinese New Year and by virtue of relatively big gains in tin prices. The metal saw losses during the day as a result of weak demand even supply stayed tight.

tin price
tin Sn
tight supply
weak demand

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