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Home / Metal News / SMM Tin Weekly Price Review and Forecast (13-14 Jun. 2013)

SMM Tin Weekly Price Review and Forecast (13-14 Jun. 2013)

iconJun 9, 2013 08:39
Spot tin prices in China remained low and fell to RMB 141,500-143,500/mt Friday.

SHANGHAI, Jun. 8 (SMM) – Spot tin prices in China remained low and fell to RMB 141,500-143,500/mt Friday. The pre-holiday replenishments expected ahead of the Chinese Dragon Boat Festival failed to materialize, leaving trading muted. Excess supply and bearishness prevailing in the market drove down prices. Thus, although LME tin prices remained relatively stable, spot tin prices gained little support. Yunnan Tin Group was unwilling to move goods and kept quotes high, but market was little affected.

 
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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