SMM Tin Market Daily Review (2013-3-1)

SHANGHAI, Mar. 4 (SMM) – Spot trading in Shanghai tin market remained modest on March 1, with mainstream traded prices between RMB 155,500-156,500/mt, and goods quoted lower than RMB 155,500/mt were rarely seen. LME tin prices dropped below the 5-day moving average, hurting market confidence, and leaving trading light. Most goods circulating in the market were from Yunnan, while those from Jiangxi were rarely reported.