SMM Daily Review - 2012/5/29 Tin Market-Shanghai Metals Market

Hot Keywords

  • Nickel
  • Nickel ore
  • Inventory data
  • Copper
  • Market commentary
  • Aluminium
  • Stainless steel
  • Rare earths
  • Macroeconomics
  • Rare earth
  • Zinc
  • Iron ore
  • Customs data
  • Production data
  • Futures movement

SMM Daily Review - 2012/5/29 Tin Market

SMM Insight 09:10:07AM May 30, 2012 Source:SMM

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.
 

SMM Daily Review - 2012/5/29 Tin Market

SMM Insight 09:10:07AM May 30, 2012 Source:SMM

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.