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SMM Daily Review - 2012/2/10 Tin Market

iconFeb 13, 2012 08:51
Spot tin prices were generally stable in Shanghai last Friday. Quotations were little changed from Thursday in the morning and climbed in the afternoon.

SHANGHAI, Feb. 13 (SMM) – Spot tin prices were generally stable in Shanghai last Friday. Quotations were little changed from Thursday in the morning and climbed in the afternoon supported climbing LME tin prices and firm quotations by smelters. More downstream businesses from Guangdong struck deals in the face of rising prices and increasing demand after production resumed. Traded prices of the day mainly fell between RMB 177,500-182,000/mt while traded volumes rose a little bit. Mainstream tin brands were Yunxi, Yunheng, Yunxiang, Nanshan and Jinlong.

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