SMM Tin Market Daily Review (2013-4-11)-Shanghai Metals Market

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SMM Tin Market Daily Review (2013-4-11)

Price Review & Forecast 09:08:44AM Apr 12, 2013 Source:SMM

SHANGHAI, Apr. 12 (SMM) – Domestic spot tin prices held stable on Thursday as low-prices goods were limited, and mainstream traded prices in Shanghai were mainly between RMB 148,500-149,500/mt. The production cuts in Jiangxi caused by environmental protection failed to boost tin prices due to excess supply and weak demand. The stabilizing prices were mainly a result of consumption of cheap goods, and spot tin prices will come under downside risk if LME tin prices continue to weaken.

 

Key Words:  spot tin price 

Price

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Aluminum Ingot
Oct.18
14000.0
40.0
(0.29%)
Aluminum Ingot - Fo Shan
Oct.18
13960.0
30.0
(0.22%)
Aluminum Ingot - Wu Xi
Oct.18
14000.0
20.0
(0.14%)
Aluminum Ingot - Hang Zhou
Oct.18
14040.0
55.0
(0.39%)
Aluminum Ingot - Chong Qing
Oct.18
13980.0
60.0
(0.43%)

SMM Tin Market Daily Review (2013-4-11)

Price Review & Forecast 09:08:44AM Apr 12, 2013 Source:SMM

SHANGHAI, Apr. 12 (SMM) – Domestic spot tin prices held stable on Thursday as low-prices goods were limited, and mainstream traded prices in Shanghai were mainly between RMB 148,500-149,500/mt. The production cuts in Jiangxi caused by environmental protection failed to boost tin prices due to excess supply and weak demand. The stabilizing prices were mainly a result of consumption of cheap goods, and spot tin prices will come under downside risk if LME tin prices continue to weaken.

 

Key Words:  spot tin price