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SMM Tin Price Forecast (Oct. 15-19)
Oct 15,2012 15:27CST
price review forecast
Source:SMM
Spot tin prices in Shanghai tin market moved up to a high of RMB 160,000/mt last Monday due mainly to the rising LME tin prices during the National Day holiday.

SHANGHAI, Oct. 15 (SMM) – Spot tin prices in Shanghai tin market moved up to a high of RMB 160,000/mt last Monday due mainly to the rising LME tin prices during the National Day holiday. However, spot prices fell since actual demand remained weak and LME tin prices pulled back. Smelters only moved goods limitedly given high costs and low prices. Goods available to the market were adequate and mainly from Yunnan and Jiangxi. By last Friday, spot tin prices were mainly at RMB 155,000-156,500/mt. Domestic spot market was depressed compared with LME market, but prices were relatively more resilient than other metals, with SMMI.Sn inching up 0.8% last week.
 

spot tin prices
SMMI.Sn
SMM tin prices

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