SMM Tin Market Daily Review (2013-1-9)-Shanghai Metals Market

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SMM Tin Market Daily Review (2013-1-9)

Price Review & Forecast 08:59:27AM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – Spot tin prices in Shanghai continued to rise on January 9 to RMB 157,000-159,500/mt, but trading was lighter against the increasing quotations. Yunxi and Yunheng were traded at RMB 159,000-159,500/mt, while Yunxiang and Nanshan were quoted at RMB 157,500-168,500/mt with actual traded prices mainly at RMB 157,000/mt. Quotations from producers showed a sign of decline, and the increase in spot tin prices is expected to be arrested if quotes were further lowered.

 

SMM Tin Market Daily Review (2013-1-9)

Price Review & Forecast 08:59:27AM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – Spot tin prices in Shanghai continued to rise on January 9 to RMB 157,000-159,500/mt, but trading was lighter against the increasing quotations. Yunxi and Yunheng were traded at RMB 159,000-159,500/mt, while Yunxiang and Nanshan were quoted at RMB 157,500-168,500/mt with actual traded prices mainly at RMB 157,000/mt. Quotations from producers showed a sign of decline, and the increase in spot tin prices is expected to be arrested if quotes were further lowered.