SMM Daily Review - 2012/2/9 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/2/9 Tin Market

SMM Insight 08:42:30AM Feb 10, 2012 Source:SMM

SHANGHAI, Feb. 10 (SMM) – Spot tin prices stayed between RMB 177,500-181,000/mt in Shanghai on Thursday, as the Greek debt talk failure, trivial overnight gains in LME tin its losses in the morning damped market sentiment. Deals at RMB 177,000/mt were also seen, though supply at the price was quite limited. Mainstream tin brands during the day were Yunxi, Yunheng, Nanshan and Jinlong. The overall traded volume has been light due to a strong wait-and-see attitude downstream.

Price

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SMM #1 Nickel
Apr.23
100200.0
-1250.0
(-1.23%)
#1 JinChuan Nickel
Apr.23
101225.0
-1175.0
(-1.15%)
#1 Import Nickel
Apr.23
99175.0
-1325.0
(-1.32%)
JinChuan B&C
Apr.23
2800.0
150.0
(5.66%)
Russian nickel premium
Apr.23
750.0
-25.0
(-3.23%)

SMM Daily Review - 2012/2/9 Tin Market

SMM Insight 08:42:30AM Feb 10, 2012 Source:SMM

SHANGHAI, Feb. 10 (SMM) – Spot tin prices stayed between RMB 177,500-181,000/mt in Shanghai on Thursday, as the Greek debt talk failure, trivial overnight gains in LME tin its losses in the morning damped market sentiment. Deals at RMB 177,000/mt were also seen, though supply at the price was quite limited. Mainstream tin brands during the day were Yunxi, Yunheng, Nanshan and Jinlong. The overall traded volume has been light due to a strong wait-and-see attitude downstream.