SMM Daily Review - 2012/9/4 Tin Market

SHANGHAI, Sept. 5 (SMM) – On Tuesday, mainstream traded prices in Shanghai spot tin market were between RMB 148,000-151,000/mt, and transactions were limited since downstream buyers were still on the sidelines and consumption remained soft. In the afternoon, trading was even quieter. Most traders only reported a few transactions in the morning, and quotations were rarely seen before closing due to depressed trading. Deals for Yunxi were mainly made at RMB 149,000/mt, while Yunxi was traded at RMB 148,500/mt. Jinlong and some imported goods were traded at RMB 148,000/mt.