SMM Tin Market Daily Review (2013-1-18)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Market commentary
  • Production data
  • Macroeconomics
  • Aluminium
  • Morning comments
  • Futures movement
  • Mengtai Group
  • Copper
  • Stainless steel
  • Nickel
  • In the United States
  • trade negotiations

SMM Tin Market Daily Review (2013-1-18)

Price Review & Forecast 08:51:56AM Jan 21, 2013 Source:SMM

SHANGHAI, Jan. 21 (SMM) – In Shanghai tin market, mainstream traded prices were mainly between RMB 159,500-160,500/mt on Friday, with trading improved slightly from Thursday. Yunxi and Yunheng were traded at RMB 160,000-160,500/mt, while transactions for Nanshan and Guangsheng were concluded at RMB 159,500-160,000/mt. Downstream buyers continued to stay out of the market with no intention to replenish stocks for the Chinese New Year holiday. Market was waiting for guides from LME tin price trends.
 

SMM Tin Market Daily Review (2013-1-18)

Price Review & Forecast 08:51:56AM Jan 21, 2013 Source:SMM

SHANGHAI, Jan. 21 (SMM) – In Shanghai tin market, mainstream traded prices were mainly between RMB 159,500-160,500/mt on Friday, with trading improved slightly from Thursday. Yunxi and Yunheng were traded at RMB 160,000-160,500/mt, while transactions for Nanshan and Guangsheng were concluded at RMB 159,500-160,000/mt. Downstream buyers continued to stay out of the market with no intention to replenish stocks for the Chinese New Year holiday. Market was waiting for guides from LME tin price trends.