SMM Tin Market Daily Review (2013-6-25)

SHANGHAI, Jun. 26 (SMM) – Traded prices for spot tin in Shanghai were mainly at RMB 138,000-139,500/mt on Tuesday, with Jiangxi’s brands traded at RMB 138,000/mt. Transactions for Jinhai were made at RMB 138,500/mt while deals for Yunxi and Yunheng were made at RMB 139,000-139,500/mt. LME tin prices continued to fall in Asian trading hours, hurting market confidence and leaving consumption soft. In the afternoon, some holders of low-priced goods were unwilling to move goods due to the rebound of LME tin, curtailing supplies, but trading activity remained dull.