SMM Tin Market Daily Review (2013-1-17)

SHANGHAI, Jan. 18 (SMM) – Trading in Shanghai tin market was quiet on Thursday with mainstream traded prices at RMB 160,000-160,500/mt. Traded prices for several leading brands fell to RMB 160,000/mt due mainly to the correction in LME tin prices and lower prices offered in Wuxi. Transactions were mainly made for Yunxi, Yunheng, Yunxiang, and Kaiyuan. In the afternoon, prices remained low. Yunxiang was traded at RMB 159,800/mt, and Guangsheng was mainly traded at RMB 159,500/mt.