SHANGHAI, Mar. 31 (SMM) – Spot tin prices stabilized between RMB 169,000-170,500/mt last week in Shanghai. Though demand stays weak, high production costs, which led to tight supply and firm quotations, had effectively restrained the metal in a narrow band. High costs have also caused more product cuts at medium- to small-sized smelters. Traders have been cautious towards stock replenishments in the face of volatile prices, mostly standing on the sidelines. Losses in equity markets, in addition, furthered eroded the weak buying interest. Light trading consequently will continue to be seen in the near term.