Home / Metal News / Copper / SMM Daily Review - 2012/6/1 Tin Market
SMM Daily Review - 2012/6/1 Tin Market
Jun 4,2012 08:49CST
smm insight
Source:SMM
In Shanghai tin market, mainstream traded prices were between RMB 153,000-155,000/mt on Friday.

SHANGHAI, Jun. 4 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 153,000-155,000/mt on Friday, down slightly from the previous trading day with transactions sparse. Jinlong, Nanshan, Yunxiang were mainly traded between RMB 153,000-153,500/mt, while most transactions for Yunxi were concluded between RMB 154,500-155,000/mt. Smelters were still not willing to move goods, leaving supply limited. Market confidence was depressed by the remaining low LME tin prices, combined with the extremely weak demand, pessimism prevailed in the market, leaving barely any transactions.

Shanghai tin market
tin price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news