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SMM Daily Review - 2012/3/29 Tin Market
Mar 30,2012 08:32CST
smm insight
Source:SMM
Spot tin prices stayed between RMB 169,000-170,500/mt on Thursday in Shanghai while trading remained thin.

SHANGHAI, Mar. 30 (SMM) – Spot tin prices stayed between RMB 169,000-170,500/mt on Thursday in Shanghai while trading remained thin in the face of weak demand and a strong wait-and-see sentiment. Yunshan, Jinlong and Kaiyuan concluded transactions between RMB 169,000-169,500/mt. Yunxi struck deals within a higher band of RMB 170,000-170,500/mt. Some Yunxi ingots were quoted at RMB 171,000/mt but consensus was hardly reached. A bearish attitude stayed among some goods holders.

tin price
spot tin
Shanghai
goods holder
bearish
wait-and-see

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