SMM Daily Review - 2012/8/8 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/8/8 Tin Market

Price Review & Forecast 09:08:41AM Aug 09, 2012 Source:SMM

SHANGHAI, Aug. 9 (SMM) – In Shanghai tin market, spot tin prices were mainly at RMB 142,500-144,000/mt August 8. In the morning, trading was thin with rare inquiries. Downstream buyers were not interested in buying goods. In the afternoon, demand remained weak due to the typhoon, and most traders were off earlier, leaving no trading in the market. Yunxi was traded at RMB 143,000/mt, some deals for Yunheng were made at RMB 142,500/mt, while Xiangxi was quoted at RMB 142,500/mt. Traded prices for Jinlong were at RMB 142,000/mt.

 

SMM Daily Review - 2012/8/8 Tin Market

Price Review & Forecast 09:08:41AM Aug 09, 2012 Source:SMM

SHANGHAI, Aug. 9 (SMM) – In Shanghai tin market, spot tin prices were mainly at RMB 142,500-144,000/mt August 8. In the morning, trading was thin with rare inquiries. Downstream buyers were not interested in buying goods. In the afternoon, demand remained weak due to the typhoon, and most traders were off earlier, leaving no trading in the market. Yunxi was traded at RMB 143,000/mt, some deals for Yunheng were made at RMB 142,500/mt, while Xiangxi was quoted at RMB 142,500/mt. Traded prices for Jinlong were at RMB 142,000/mt.