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SMM Daily Review - 2012/6/21 Tin Market
Jun 25,2012 09:02CST
price review forecast
Source:SMM
In Shanghai tin market, mainstream traded prices were between RMB 149,700-151,000/mt last Thursday.

SHANGHAI, Jun. 25 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 149,700-151,000/mt last Thursday, and trading remained light. Spot tin prices were dragged down by slumping LME tin prices, but smelters remained reluctant to move goods, leaving insufficient supply in the market. Brands in Yunnan province were at RMB 150,000/mt, but a few transactions were made below the level. Yunxi, Yunheng, Tianti and Yunxiang were mainly traded between RMB 149,700-150,500/mt. A few goods were quoted at RMB 149,500/mt but buying interest was still low. Spot tin prices are likely to keep falling on account of the dropping LME tin prices.

Shanghai tin market
tin price
spot tin

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