Home / Metal News / SMM Tin Price Forecast (May 7-11)

SMM Tin Price Forecast (May 7-11)

iconMay 7, 2012 13:07
Source:SMM
Domestic tin prices moved up to RMB 164,000/mt on the first trading day following the holiday.

SHANGHAI, May 7 (SMM) – There were only three trading days last week due to the May Day holiday. Domestic tin prices moved up to RMB 164,000/mt on the first trading day following the holiday due to the rising LME tin prices and limited supply, with high-end prices remaining stable. On the last two days, spot tin prices presented a weak trend due to falling LME tin prices. Transactions became even quieter with strong wait-and-see sentiment in the market. Mainstream traded prices were between RMB 163,000-165,000/mt, with a few brands quoted at RMB 162,500/mt.

tin price
spot tin

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All