SMM Daily Review - 2012/7/26 Tin Market-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Zinc
  • Futures movement
  • MMi Iron Ore Port Index
  • Nickel
  • Copper scrap
  • Copper
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Evening comments
  • Tin
  • Market commentary
  • Production data
  • inventory

SMM Daily Review - 2012/7/26 Tin Market

Price Review & Forecast 09:03:34AM Jul 27, 2012 Source:SMM

SHANGHAI, Jul. 27 (SMM) – In Shanghai tin market, spot tin prices were between RMB 143,000-145,000/mt on July 26 and transactions remained unimproved with inquiries rarely seen. LME tin prices continued falling, and spot tin market was still dominated by a wait-and-see sentiment. Smelters still limited supply. Yunheng and Yunxi were traded between RMB 143,000-143,500/mt, and traded prices for Jinlong were around RMB 142,000/mt. Quotations from Yunxi were still firm at RMB 145,000/mt.

SMM Daily Review - 2012/7/26 Tin Market

Price Review & Forecast 09:03:34AM Jul 27, 2012 Source:SMM

SHANGHAI, Jul. 27 (SMM) – In Shanghai tin market, spot tin prices were between RMB 143,000-145,000/mt on July 26 and transactions remained unimproved with inquiries rarely seen. LME tin prices continued falling, and spot tin market was still dominated by a wait-and-see sentiment. Smelters still limited supply. Yunheng and Yunxi were traded between RMB 143,000-143,500/mt, and traded prices for Jinlong were around RMB 142,000/mt. Quotations from Yunxi were still firm at RMB 145,000/mt.