SMM Daily Review - 2012/8/10 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/8/10 Tin Market

Price Review & Forecast 09:10:07AM Aug 13, 2012 Source:SMM

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.
 

Key Words:  tin price   spot tin 

SMM Daily Review - 2012/8/10 Tin Market

Price Review & Forecast 09:10:07AM Aug 13, 2012 Source:SMM

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.
 

Key Words:  tin price   spot tin