SMM Daily Review - 2012/7/19 Tin Market

SHANGHAI, Jul. 20 (SMM) – On Thursday, spot prices in Shanghai tin market were between RMB 146,500-148,000/mt, slightly down from the previous trading day, but trading remained thin. Smelters limited supply due to low prices, allowing some resilient in tin prices against the weak transactions. A few goods from Yunxi were mainly traded at RMB 147,500/mt, and transactions for Jinlong were concluded between RMB 146,300-146,500/mt. Some imported goods were traded at RMB 145,800/mt. Transactions were limited and mainly made for tin ingots supplied by Yunxi and Jinlong.