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Home / Metal News / SMM Tin Price Forecast (Apr. 8-12)

SMM Tin Price Forecast (Apr. 8-12)

iconApr 9, 2013 15:49
In domestic spot tin markets, there were only three trading days last week, and spot tin prices fell RMB 1,500/mt to RMB 149,500-152,500/mt as of last Wednesday.

SHANGHAI, Apr. 9 (SMM) – In domestic spot tin markets, there were only three trading days last week, and spot tin prices fell RMB 1,500/mt to RMB 149,500-152,500/mt as of last Wednesday. Domestic tin prices were little affected by LME tin, but were dragged down by poor performance of other base metals. SHFE copper prices slumped last Monday, hurting market confidence, combined with waning tin demand, prices continued to fall with transactions limited.
 

spot tin price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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