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SMM Tin Market Daily Review (2013-3-14)
Mar 15,2013 09:11
CSTprice review forecast
Source:SMM
Mainstream traded prices in Shanghai tin market were between RMB 153,500-155,500/mt Thursday.
SHANGHAI, Mar. 15 (SMM) – Mainstream traded prices in Shanghai tin market were between RMB 153,500-155,500/mt Thursday, with a few goods traded at RMB 153,000/mt. Although LME tin prices approached USD 24,000/mt, spot tin prices went against LME tin price trends, with mainstream prices dragged down by the large amount of low-priced resource in the market. However, domestic tin prices are expected to improve should LME tin continues to trend up.
spot tin prices
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