Home / Metal News / SMM Daily Review - 2012/5/29 Tin Market

SMM Daily Review - 2012/5/29 Tin Market

iconMay 30, 2012 09:10
In Shanghai tin market, transactions were quiet on Tuesday due to weak demand.

SHANGHAI, May 30 (SMM) – In Shanghai tin market, transactions were quiet on Tuesday due to weak demand. Mainstream traded prices for Yunxi were between RMB 154,500-155,500/mt. Some transactions for Nanshan, Jinlong and Kaiyuan were made between RMB 154,000-154,500/mt. Sellers were facing a tough situation due to the dampened consumption, and trading did not show any improvement despite lower prices. With the approach of traditional off-season, transactions did not turn better although goods supply was limited.
 

tin price
Shanghai tin market
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news