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SMM Tin Price Forecast (Feb. 4-8)
Feb 4,2013 09:26CST
price review forecast
Source:SMM
Spot tin prices stabilized to move up with mainstream traded prices between RMB 157,500-159,000/mt early last week.

SHANGHAI, Feb. 4 (SMM) – Spot tin prices stabilized to move up with mainstream traded prices between RMB 157,500-159,000/mt early last week. During the latter half of the week, only Yunnan Tin Group and Chengfeng continued to made quotations, while most other sellers stopped moving goods, cutting goods available to the market. Besides, transactions increased early in the week as downstream replenished goods ahead of the holiday, giving support to spot tin prices, combined with the strong trend in LME tin prices, spot tin prices were up to RMB 159,500-161,000/mt. However, trading turned quiet as most market players started holidays.


 

spot tin prices
tin prices in Shanghai

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