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Home / Metal News / SMM Daily Review - 2012/5/17 Tin Market

SMM Daily Review - 2012/5/17 Tin Market

May 18, 2012 08:55

In Shanghai tin market, transactions were modest in the morning Thursday.

SHANGHAI, May 18 (SMM) – In Shanghai tin market, transactions were modest in the morning Thursday. Mainstream traded prices for Nanshan, Yunxiang and Yunshan were between RMB 153,500-154,000/mt, while most transactions for Yunheng and Yunxi were concluded between RMB 154,000-156,500/mt. In the afternoon, as LME tin prices fluctuated up, boosting confidence in spot market. Dealers were more willing to replenish stocks and low-end prices were driven up. Selling interest among smelters remained low due to high cost. Market players expected more news.

Shanghai tin market

tin price

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