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SMM Tin Market Daily Review (2012-11-9)

iconNov 12, 2012 09:26
Source:SMM
Last Friday, Shanghai spot tin prices were largely between RMB 148,000-149,000/mt, virtually unchanged from the previous trading day.

SHANGHAI, Nov. 12 (SMM) – Last Friday, Shanghai spot tin prices were largely between RMB 148,000-149,000/mt, virtually unchanged from the previous trading day. Supply of second and third tier product brands decreased, and first tier product brands in Yunnan dominated markets. A few goods of Jinlong and Weitai were traded at RMB 147,500-147,800/mt. With LME tin prices fluctuating, spot tin market activity in Shanghai was muted as slack downstream demand failed to provide support for tin prices.

 

Shanghai tin prices
LME tin prices

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