SMM Tin Market Daily Review (2013-4-24)

SHANGHAI, Apr. 25 (SMM) – In Shanghai tin market, non-leading brands were hardly seen on Wednesday and mainstream traded prices were between RMB 142,000-143,500/mt. Consumption was soft given high prices and ample inventories. In the afternoon, the rising LME tin raised traders’ selling interest, and some increased quotes to RMB 142,500-144,000/mt. However, trading remained quiet as downstream buyers showed no interest in purchasing at high prices.