SMM Morning Review - 2012/7/30 Tin Market-Shanghai Metals Market

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SMM Morning Review - 2012/7/30 Tin Market

Price Review & Forecast 11:24:58AM Jul 30, 2012 Source:SMM

SHANGHAI, Jul. 30 (SMM) – Market was still weighed on given the lingering European debt crisis. Despite a rebound, LME tin prices, still under downward pressures influenced by the global economic situations, closed above USD 18,000/mt last Friday and are expected to fluctuate within USD 18,000-18,500/mt. In China’s domestic markets, spot tin prices should be between RMB 143,500-144,500/mt on July 30.

Key Words:  tin price   LME tin   spot tin 

SMM Morning Review - 2012/7/30 Tin Market

Price Review & Forecast 11:24:58AM Jul 30, 2012 Source:SMM

SHANGHAI, Jul. 30 (SMM) – Market was still weighed on given the lingering European debt crisis. Despite a rebound, LME tin prices, still under downward pressures influenced by the global economic situations, closed above USD 18,000/mt last Friday and are expected to fluctuate within USD 18,000-18,500/mt. In China’s domestic markets, spot tin prices should be between RMB 143,500-144,500/mt on July 30.

Key Words:  tin price   LME tin   spot tin