SMM Daily Review - 2012/7/5 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/7/5 Tin Market

Price Review & Forecast 08:57:52AM Jul 06, 2012 Source:SMM

SHANGHAI, Jul. 6 (SMM) – On Thursday, mainstream traded prices in Shanghai tin prices were between RMB 148,000-149,000/mt. Spot tin prices extended their increases with traded prices remaining relatively sticky. However, investors were not optimistic on market outlook on account of the feeble market fundamentals. In trading market, traded prices for Nanshan were between RMB 148,000-148,300/mt, while transactions for Yunheng and Yunxi were between RMB 148,800-149,000/mt. Transactions remained modest.

SMM Daily Review - 2012/7/5 Tin Market

Price Review & Forecast 08:57:52AM Jul 06, 2012 Source:SMM

SHANGHAI, Jul. 6 (SMM) – On Thursday, mainstream traded prices in Shanghai tin prices were between RMB 148,000-149,000/mt. Spot tin prices extended their increases with traded prices remaining relatively sticky. However, investors were not optimistic on market outlook on account of the feeble market fundamentals. In trading market, traded prices for Nanshan were between RMB 148,000-148,300/mt, while transactions for Yunheng and Yunxi were between RMB 148,800-149,000/mt. Transactions remained modest.