SMM Daily Review - 2012/9/4 Tin Market-Shanghai Metals Market

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SMM Daily Review - 2012/9/4 Tin Market

Price Review & Forecast 09:33:16AM Sep 05, 2012 Source:SMM

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.
 

Price

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1# Silver Ingots(99.99%)
Dec.06
4114.0
-2.0
(-0.05%)
2# Silver Ingots(99.95%)
Dec.06
4099.0
-2.0
(-0.05%)
3# Silver Ingots(99.90%)
Dec.06
4084.0
-2.0
(-0.05%)
Gold(99.99%)
Dec.06
335.7
-0.4
(-0.12%)
Gold(99.95%)
Dec.06
335.3
-0.5
(-0.13%)

SMM Daily Review - 2012/9/4 Tin Market

Price Review & Forecast 09:33:16AM Sep 05, 2012 Source:SMM

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.