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SMM Daily Review - 2012/3/6 Tin Market
Mar 7,2012 08:42CST
smm insight
Source:SMM
Spot tin trading was quite light even mainstream traded prices dropped to RMB 171,000-173,000/mt, mainly due to slipping LME tin prices, in Shanghai on Tuesday.

SHANGHAI, Mar. 7 (SMM) – Spot tin trading was quite light even mainstream traded prices dropped to RMB 171,000-173,000/mt, mainly due to slipping LME tin prices, in Shanghai on Tuesday. Nanshan and Jinlong branded ingots were traded at RMB 171,000/mt. Yunxiang, Feidie and Yunshan branded ingots struck deals between RMB 171,500-172,500/mt while Yunxi and Yunheng concluded transactions between RMB 172,500-173,000/mt. Quotations above RMB 173,000/mt were heard but met cold response.

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