SMM Daily Review - 2012/2/21 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/2/21 Tin Market

SMM Insight 08:47:16AM Feb 22, 2012 Source:SMM

SHANGHAI, Feb. 22 (SMM) – Mainstream spot tin prices were hardly changed between RMB 171,500-176,000/mt in Shanghai on Tuesday. Nanshan, Jinlong and Kaiyuan branded tin traded between RMB 171,500-172,000/mt. Goods quoted between RMB 170,500-171,000/mt were supplied by Jiangxi sellers to promote deals and were quickly consumed. Yunshan and Yunxiang branded tin traded between RMB 173,000-174,500/mt. Yunxi and Yunheng branded tin traded between RMB 175,000-176,000/mt. Purchases at lower prices increased after European finance ministers agreed on the second Greek bailout. Whether such deals can continue, however, is still uncertain given weak demand.

Key Words:  tin price   spot tin   tin Sn 

Price

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SMM #1 Nickel
Apr.25
99875.0
200.0
(0.20%)
#1 JinChuan Nickel
Apr.25
101275.0
375.0
(0.37%)
#1 Import Nickel
Apr.25
98475.0
25.0
(0.03%)
JinChuan B&C
Apr.25
3500.0
250.0
(7.69%)
Russian nickel premium
Apr.25
750.0
-25.0
(-3.23%)

SMM Daily Review - 2012/2/21 Tin Market

SMM Insight 08:47:16AM Feb 22, 2012 Source:SMM

SHANGHAI, Feb. 22 (SMM) – Mainstream spot tin prices were hardly changed between RMB 171,500-176,000/mt in Shanghai on Tuesday. Nanshan, Jinlong and Kaiyuan branded tin traded between RMB 171,500-172,000/mt. Goods quoted between RMB 170,500-171,000/mt were supplied by Jiangxi sellers to promote deals and were quickly consumed. Yunshan and Yunxiang branded tin traded between RMB 173,000-174,500/mt. Yunxi and Yunheng branded tin traded between RMB 175,000-176,000/mt. Purchases at lower prices increased after European finance ministers agreed on the second Greek bailout. Whether such deals can continue, however, is still uncertain given weak demand.

Key Words:  tin price   spot tin   tin Sn