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SMM Daily Review - 2012/4/12 Tin Market

iconApr 13, 2012 09:01
Source:SMM
On Thursday, spot prices in Shanghai tin market continued to fall with transactions remaining quiet.

SHANGHAI, Apr. 13 (SMM) – On Thursday, spot prices in Shanghai tin market continued to fall with transactions remaining quiet. Mainstream traded prices were between RMB 166,500-169,000/mt. Nanshan, Kaiyuan, Yunxiang and Xiangxi were mainly traded between RMB 166,500-167,000/mt, while most deals for Yunshan and Yunxi were concluded at RMB 167,300-168,000/mt. Transactions for Yunxi done at RMB 169,000/mt were also reported. Trading for low-price goods improved moderately. During this week, transactions turned relatively brisk due to falling tin prices. However, trading sentiment still maintained modest. Meanwhile, many smelters were not willing to move goods on account of lower tin prices.

tin price
spot tin
Shanghai tin market

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