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SMM Tin Price Forecast (Oct. 22-26)
Oct 22,2012 16:21CST
price review forecast
Source:SMM
Spot tin prices in Shanghai continued to fall last week, with mainstream traded prices ending at RMB 151,500-153,500/mt last Friday.

SHANGHAI, Oct. 22 (SMM) – Spot tin prices in Shanghai continued to fall last week, with mainstream traded prices ending at RMB 151,500-153,500/mt last Friday. Although LME tin prices staged a rebound, weak demand in domestic market dragged down domestic spot tin prices. The inflow of low-priced goods, such as Yunxiang and Nanshan, pulling down overall prices, but trading remained sluggish. Only a few downstream enterprises purchased limitedly for production needs. Most goods available to the market were produced from Yunnan and Jiangxi, some imported goods were also circulating in the market.

spot tin prices
Shanghai tin market

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