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SMM Daily Review - 2012/4/24 Tin Market
Apr 25,2012 09:08CST
smm insight
Source:SMM
Transactions in Shanghai tin market remained depressed with fewer goods circulating in the market.

SHANGHAI, Apr. 25 (SMM) – Transactions in Shanghai tin market remained depressed with fewer goods circulating in the market. Mainstream traded prices were between RMB 164,000-165,000/mt. Nanshan, and Yunxiang were mainly traded between RMB 164,000-164,500/mt, and most transactions for Yunxi were concluded between RMB 164,500-165,000/mt. Low selling interest among smelters resulted in decreasing goods supply with spot market quiet. Cargo holders reflected inquiries were sparse and demand downstream was sluggish. Bearish mood prevailed in the market. Despite support from limited goods supply, tin prices were hard to rise up.

tin price
Shanghai tin market

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