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SMM Tin Market Daily Review (2012-10-26)
Oct 29, 2012 09:25Source:SMM
In Shanghai tin market, spot tin prices were mainly between RMB 147,000-149,000/mt on October 26, with trading light.
SHANGHAI, Oct. 29 (SMM) – In Shanghai tin market, spot tin prices were mainly between RMB 147,000-149,000/mt on October 26, with trading light. In the afternoon, LME tin prices dropped below the 60-day moving average, further dampening transactions. Purchases downstream were weaker ahead of the weekend. Yunxi was traded at RMB 149,000/mt, traded prices for Jinlong, Yunheng, and Yunxiang were RMB 148,000/mt, and Nanshan was traded at RMB 147,000/mt. Transactions were rarely reported.
Shanghai tin market
spot tin prices
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