SMM Daily Review - 2012/5/29 Tin Market

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.