SMM Tin Market Daily Review (2013-6-18)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Market commentary
  • Production data
  • Macroeconomics
  • Zinc
  • Morning comments
  • Futures movement
  • Aluminium
  • NPI
  • Copper
  • Nickel
  • Nickel ore
  • In the United States
  • trade negotiations

SMM Tin Market Daily Review (2013-6-18)

Price Review & Forecast 09:03:31AM Jun 19, 2013 Source:SMM
SHANGHAI, Jun. 19 (SMM) – In Shanghai spot tin market, traded prices were mainly at RMB 140,000-141,500/mt on June 18, and some goods from Yunnan Tin Group with low lead content were traded at RMB 142,000/mt. A few transactions for Jiangxi’s brands were made at RMB 139,500/mt. The approaching low-demand season for downstream market left tin consumption sluggish, hurting market sentiment, with many investors bearish to market outlook. Thus, trading remained quiet despite lower prices, and spot tin prices may continue to fall. 
 
Key Words:  spot tin price 

SMM Tin Market Daily Review (2013-6-18)

Price Review & Forecast 09:03:31AM Jun 19, 2013 Source:SMM
SHANGHAI, Jun. 19 (SMM) – In Shanghai spot tin market, traded prices were mainly at RMB 140,000-141,500/mt on June 18, and some goods from Yunnan Tin Group with low lead content were traded at RMB 142,000/mt. A few transactions for Jiangxi’s brands were made at RMB 139,500/mt. The approaching low-demand season for downstream market left tin consumption sluggish, hurting market sentiment, with many investors bearish to market outlook. Thus, trading remained quiet despite lower prices, and spot tin prices may continue to fall. 
 
Key Words:  spot tin price