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SMM Daily Review - 2012/2/28 Tin Market
SHANGHAI, Feb. 29 (SMM) – Spot tin prices narrowed further to RMB 173,500-175,000/mt in Shanghai on Tuesday after the low end climbed another RMB 500/mt. Trading was still light, though. Yunshan, Yunxiang and Nanshan branded tin traded between RMB 173,500-174,000/mt while Yunxi and Yunheng struck deals between RMB 174,000-175,000/mt. A strong wait-and-see sentiment was seen as both sellers and buyers were cautious for near term deals.
SMM Daily Review - 2012/2/28 Tin Market
SHANGHAI, Feb. 29 (SMM) – Spot tin prices narrowed further to RMB 173,500-175,000/mt in Shanghai on Tuesday after the low end climbed another RMB 500/mt. Trading was still light, though. Yunshan, Yunxiang and Nanshan branded tin traded between RMB 173,500-174,000/mt while Yunxi and Yunheng struck deals between RMB 174,000-175,000/mt. A strong wait-and-see sentiment was seen as both sellers and buyers were cautious for near term deals.
