SMM Daily Review - 2012/6/28 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/6/28 Tin Market

Price Review & Forecast 08:50:21AM Jun 29, 2012 Source:SMM

 SHANGHAI, Jun. 29 (SMM) – In Shanghai tin market, spot tin prices were mainly between RMB 146,500-150,000/mt Thursday, and trading remained soft due to market fears. Tin prices kept falling with some goods traded at RMB 146,000/mt in the afternoon. Given the ample supply in the market, transactions were sparse. Mainstream traded prices for Nanshan and Jinlong were between RMB 146,300-146,400/mt, while Yunheng and Yunxi were mainly traded between RMB 147,000-147,200/mt. Quotation from Yunxi was still firm.
 

SMM Daily Review - 2012/6/28 Tin Market

Price Review & Forecast 08:50:21AM Jun 29, 2012 Source:SMM

 SHANGHAI, Jun. 29 (SMM) – In Shanghai tin market, spot tin prices were mainly between RMB 146,500-150,000/mt Thursday, and trading remained soft due to market fears. Tin prices kept falling with some goods traded at RMB 146,000/mt in the afternoon. Given the ample supply in the market, transactions were sparse. Mainstream traded prices for Nanshan and Jinlong were between RMB 146,300-146,400/mt, while Yunheng and Yunxi were mainly traded between RMB 147,000-147,200/mt. Quotation from Yunxi was still firm.