SMM Daily Review - 2012/2/24 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/2/24 Tin Market

SMM Insight 08:48:41AM Feb 27, 2012 Source:SMM

SHANGHAI, Feb. 27 (SMM) – Spot tin was traded between RMB 172,500-175,500/mt in Shanghai last Friday, with the low end climbing a little bit and the high end staying unchanged. Nanshan, Kaiyuan and Jinlong branded ingots struck deals between RMB 172,500-173,000/mt. Goods holders lifted quotations to RMB 173,000/mt in the afternoon following active trading at RMB 172,500/mt in the morning. Yunshan and Yunxiang branded ingots mostly were traded between RMB 173,000-173,500/mt. Traded prices of Yunxi and Yunheng branded ingots were between RMB 174,000-175,500/mt. Deals were only slightly active at the low end price. Tin supply dropped as smelters withheld goods when prices were low.

Key Words:  tin price   tin Sn   spot tin   Shanghai 

Price

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Gold(99.99%)
Apr.19
279.4
1.3
(0.48%)
Gold(99.95%)
Apr.19
279.5
0.9
(0.33%)
#1 Silver(99.99%)
Apr.19
3511.0
10.0
(0.29%)
Silver(99.95%)
Apr.19
3496.0
10.0
(0.29%)
Silver(99.90%)
Apr.19
3481.0
10.0
(0.29%)

SMM Daily Review - 2012/2/24 Tin Market

SMM Insight 08:48:41AM Feb 27, 2012 Source:SMM

SHANGHAI, Feb. 27 (SMM) – Spot tin was traded between RMB 172,500-175,500/mt in Shanghai last Friday, with the low end climbing a little bit and the high end staying unchanged. Nanshan, Kaiyuan and Jinlong branded ingots struck deals between RMB 172,500-173,000/mt. Goods holders lifted quotations to RMB 173,000/mt in the afternoon following active trading at RMB 172,500/mt in the morning. Yunshan and Yunxiang branded ingots mostly were traded between RMB 173,000-173,500/mt. Traded prices of Yunxi and Yunheng branded ingots were between RMB 174,000-175,500/mt. Deals were only slightly active at the low end price. Tin supply dropped as smelters withheld goods when prices were low.

Key Words:  tin price   tin Sn   spot tin   Shanghai