SMM Daily Review - 2012/6/7 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/6/7 Tin Market

SMM Insight 09:15:35AM Jun 08, 2012 Source:SMM

SHANGHAI, Jun. 8 (SMM) – On Thursday, China’s spot tin market was boosted by the rises in LME tin prices seen on Wednesday. Mainstream traded prices were between RMB 151,500-153,000/mt in Shanghai tin market. Transactions remained quiet with a few purchases made by downstream buyers. Main transactions for Nanshan, Yunxiang and Yunshan were made around RMB 151,500/mt, while Yunxi was mainly traded between RMB 152,000-153,000/mt. Demand in spot market was still sluggish and smelters sell goods in limited amounts.

SMM Daily Review - 2012/6/7 Tin Market

SMM Insight 09:15:35AM Jun 08, 2012 Source:SMM

SHANGHAI, Jun. 8 (SMM) – On Thursday, China’s spot tin market was boosted by the rises in LME tin prices seen on Wednesday. Mainstream traded prices were between RMB 151,500-153,000/mt in Shanghai tin market. Transactions remained quiet with a few purchases made by downstream buyers. Main transactions for Nanshan, Yunxiang and Yunshan were made around RMB 151,500/mt, while Yunxi was mainly traded between RMB 152,000-153,000/mt. Demand in spot market was still sluggish and smelters sell goods in limited amounts.