Home / Metal News / SMM Tin Market Daily Review (2012-11-14)

SMM Tin Market Daily Review (2012-11-14)

iconNov 15, 2012 10:05
Source:SMM
On Wednesday, spot tin prices in Shanghai remained little changed from the previous day, with mainstream prices between RMB 146,500-148,000/mt.

SHANGHAI, Nov. 15 (SMM) – On Wednesday, spot tin prices in Shanghai remained little changed from the previous day, with mainstream prices between RMB 146,500-148,000/mt. Trading was thin in the morning and several traders became more willing to purchase in the afternoon, but downstream buyers were still reluctant to buy goods with transactions mainly made between traders. Goods offered at around RMB 146,500/mt abated. Downstream enterprises reported poor orders, reflecting the sluggish demand. Smelters were not willing to move goods at the current prices, giving some support to spot tin prices. Prices are expected to follow a weak trend in the short term but the room for declines was limited.
 

spot tin prices
tin prices in Shanghai

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All