SMM Daily Review - 2012/6/15 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/6/15 Tin Market

SMM Insight 09:07:51AM Jun 18, 2012 Source:SMM

SHANGHAI, Jun. 18 (SMM) – On Friday, traded prices in Shanghai tin market were mainly between RMB 150,000-151,500/mt, and transactions remained unimproved due to the weak demand. Transactions for Nanshan, Jinhai, Jinlong, Yunxiang and Yunheng were mainly concluded between RMB 149,500-150,000/mt, while mainstream traded prices for Yunxi were around RMB 151,500/mt. In the afternoon, goods quoted lower were spares with traded prices mainly within the RMB 149,700-150,000/mt range. Market fundamentals showed no important changes, and investors continued focusing on the Greek election.
 

SMM Daily Review - 2012/6/15 Tin Market

SMM Insight 09:07:51AM Jun 18, 2012 Source:SMM

SHANGHAI, Jun. 18 (SMM) – On Friday, traded prices in Shanghai tin market were mainly between RMB 150,000-151,500/mt, and transactions remained unimproved due to the weak demand. Transactions for Nanshan, Jinhai, Jinlong, Yunxiang and Yunheng were mainly concluded between RMB 149,500-150,000/mt, while mainstream traded prices for Yunxi were around RMB 151,500/mt. In the afternoon, goods quoted lower were spares with traded prices mainly within the RMB 149,700-150,000/mt range. Market fundamentals showed no important changes, and investors continued focusing on the Greek election.