SMM Daily Review - 2012/6/6 Tin Market

SHANGHAI, Jun. 7 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 151,500－153,500/mt Wednesday. Transactions remained modest. Weitai, Jinlong, Yunxiang, and Yunshan were mainly traded between RMB 151,500－152,000/mt, and most transactions for Yunxi were concluded between RMB 152,000－153,000/mt. Downstream consumption was still soft as traders purchased cautiously. Selling interest at smelters was rather low. Tin market should continue the weak trend in short term.