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SMM Tin Price Forecast (Apr. 1-3)
SHANGHAI, Apr. 1 (SMM) – Quotations for spot tin in China held steady between RMB 151,000-154,000/mt last week and traded prices were between RMB 150,500-152,500/mt. The slight rebound in LME tin and limited low-priced goods in the market gave certain support to spot tin prices. However, LME tin met resistance, restricting the support to spot prices, combined with anemic demand, prices only hold stable and lacked impetus to rise.
SMM Tin Price Forecast (Apr. 1-3)
SHANGHAI, Apr. 1 (SMM) – Quotations for spot tin in China held steady between RMB 151,000-154,000/mt last week and traded prices were between RMB 150,500-152,500/mt. The slight rebound in LME tin and limited low-priced goods in the market gave certain support to spot tin prices. However, LME tin met resistance, restricting the support to spot prices, combined with anemic demand, prices only hold stable and lacked impetus to rise.
