SMM Tin Market Daily Review (2012/10/11)

SHANGHAI, Oct. 12 (SMM) – In Shanghai tin market, mainstream traded prices were between RMB 155,500-157,000/mt in the morning session. The weak LME tin prices hurt market confidence, and traders reported difficulty in selling goods. In the afternoon, prices of some brands were lowered again by RMB 500/mt. Yunxi was mainly traded at RMB 156,500-157,000/mt, Yunheng and Yunshan were traded at RMB 156,000-156,500/mt. Transactions for Yunxiang were made at RMB 155,000/mt.