SMM Daily Review - 2012/6/27 Tin Market

SHANGHAI, Jun. 28 (SMM) – In Shanghai tin market, traded prices were between RMB 148,000-150,000/mt, with some transactions made between RMB 147,500-147,800/mt. Although LME tin prices opened at USD 18,350/mt fluctuated up, domestic spot tin market still lacked confidence, leaving trading light. Wait-and-see sentiment still prevailed in the market. Yunheng and Nanshan were traded between RMB 147,500-148,000/mt, while Yunxi were traded between RMB 148,300-150,000/mt.