SMM Daily Review - 2012/7/6 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/7/6 Tin Market

Price Review & Forecast 08:44:43AM Jul 09, 2012 Source:SMM

SHANGHAI, Jul. 9 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 148,000-149,000/mt Friday, with transactions quiet and inquiries rare. Supply in the market was insufficient since smelters limited sales on account of poor demand. Nanshan and Yunxi were major brands traded in market. With LME tin prices and domestic spot tin prices remaining weak, market confidence was depressed. Spot tin prices are expected to remain sluggish this week.
 

SMM Daily Review - 2012/7/6 Tin Market

Price Review & Forecast 08:44:43AM Jul 09, 2012 Source:SMM

SHANGHAI, Jul. 9 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 148,000-149,000/mt Friday, with transactions quiet and inquiries rare. Supply in the market was insufficient since smelters limited sales on account of poor demand. Nanshan and Yunxi were major brands traded in market. With LME tin prices and domestic spot tin prices remaining weak, market confidence was depressed. Spot tin prices are expected to remain sluggish this week.