SMM Tin Price Forecast (Jul. 16-20)-Shanghai Metals Market

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SMM Tin Price Forecast (Jul. 16-20)

Price Review & Forecast 05:11:33PM Jul 16, 2012 Source:SMM

SHANGHAI, Jul. 16 (SMM) – Last week, spot tin prices in China fell to RMB 146,500-148,500/mt from RMB 148,000-149,000/mt early in the week, and trading remained modest. Downstream purchases remained weak and tin prices kept falling. Although smelters limited supply, the support to tin prices was limited. Goods circulating in the market were mainly from Yunnan, with a few from Jiangxi. Most traders reflected poor sales with strong wait-and-see sentiment in the market.
 

Key Words:  tin price   spot tin 

SMM Tin Price Forecast (Jul. 16-20)

Price Review & Forecast 05:11:33PM Jul 16, 2012 Source:SMM

SHANGHAI, Jul. 16 (SMM) – Last week, spot tin prices in China fell to RMB 146,500-148,500/mt from RMB 148,000-149,000/mt early in the week, and trading remained modest. Downstream purchases remained weak and tin prices kept falling. Although smelters limited supply, the support to tin prices was limited. Goods circulating in the market were mainly from Yunnan, with a few from Jiangxi. Most traders reflected poor sales with strong wait-and-see sentiment in the market.
 

Key Words:  tin price   spot tin