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SMM Daily Review - 2012/8/10 Tin Market

iconAug 13, 2012 09:10
Source:SMM
On August 10, spot tin prices in Shanghai market were mainly between RMB 141,500-143,500/mt.

SHANGHAI, Aug. 13 (SMM) – On August 10, spot tin prices in Shanghai market were mainly between RMB 141,500-143,500/mt. LME tin prices were under strong resistance, while sentiment in spot market was depressed. Trade prices for spot tin dropped with supply increasing in the market, but downstream enterprises only purchased a few goods at lower prices, leaving consumption soft. In trading market, prices for Yunxi were at RMB 142,000/mt, while Yunxiang, Jinlong and Nanshan were traded at RMB 141,500/mt. Producers held quotations firm.
 

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spot tin

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