Home / Metal News / SMM Tin Market Daily Review (2013-2-28)

SMM Tin Market Daily Review (2013-2-28)

iconMar 1, 2013 09:00
Source:SMM
In Shanghai tin market, spot prices were mainly between RMB 155,500-156,500/mt Thursday morning.

SHANGHAI, Mar. 1 (SMM) – In Shanghai tin market, spot prices were mainly between RMB 155,500-156,500/mt Thursday morning, with some goods traded at RMB 155,000/mt. Although LME tin prices rose slightly, spot prices did not increase significantly given depressed demand. In the afternoon, LME tin prices increased to hit the 10-day moving average, enlivening spot trading. Downstream buyers were more willing to purchase but cargo holders and smelters became reluctant to move goods and raised quotations to RMB 156,000-157,500/mt.
 

Shanghai tin market
spot tin prices

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