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SMM Tin Price Forecast (Mar. 5-9)
Mar 5,2012 14:20CST
smm insight
Source:SMM
Spot tin prices stabilized between RMB 173,000-175,000/mt last week in Shanghai as a result of steady LME tin prices and stability in both supply and demand.

SHANGHAI, Mar. 5 (SMM) – Spot tin prices stabilized between RMB 173,000-175,000/mt last week in Shanghai as a result of steady LME tin prices and stability in both supply and demand. Most smelters had been holding goods, which effectively supported tin prices. Tin supply from Jiangxi was hardly seen before improving slightly on Thursday. Demand in the Shanghai market stayed weak. Trading was relatively active at low end prices and light at high end prices.

tin price
Shanghai
tin Sn
supply
demand
LME tin
Jiangxi

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