SMM Tin Market Daily Review (2012-10-18)

SHANGHAI, Oct. 19 (SMM) – Spot tin prices were mainly at RMB 152,500-154,000/mt in Shanghai Thursday. Trading was still thin despite slight rebound in LME tin prices. In the afternoon, some goods were quoted at RMB 152,000/mt, some transactions were made among traders due to low prices and a few downstream buyers purchased moderately. Yunxi was traded at RMB 154,000/mt, and Jinhai was traded at RMB 153,000/mt. Deals for Nancang, Nanshan, and Yunxiang were made at RMB 152,000/mt.