SMM Tin Weekly Price Review and Forecast (3-7 June, 2013)-Shanghai Metals Market

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SMM Tin Weekly Price Review and Forecast (3-7 June, 2013)

Price Review & Forecast 11:03:57AM Jun 03, 2013 Source:SMM
SHANGHAI, Jun. 3 (SMM) – In China’s spot tin market, prices held steady early last week but kept falling due to weak consumption in the latter half last week, and dropped to RMB 143,500-145,000/mt last Friday. Traded prices for brands in Jiangxi has fallen to RMB 143,200/mt. Given the downside risk for LME tin and weak demand in China’s domestic spot market caused by a lack of orders for downstream buyers, combined with increasing supply, tin prices fell faster.
Key Words:  spot tin prices 

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 Weekly Price Review and Forecast (3-7 June, 2013)

Price Review & Forecast 11:03:57AM Jun 03, 2013 Source:SMM
SHANGHAI, Jun. 3 (SMM) – In China’s spot tin market, prices held steady early last week but kept falling due to weak consumption in the latter half last week, and dropped to RMB 143,500-145,000/mt last Friday. Traded prices for brands in Jiangxi has fallen to RMB 143,200/mt. Given the downside risk for LME tin and weak demand in China’s domestic spot market caused by a lack of orders for downstream buyers, combined with increasing supply, tin prices fell faster.
Key Words:  spot tin prices