SMM Tin Market Daily Review (2013-7-3)-Shanghai Metals Market

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SMM Tin Market Daily Review (2013-7-3)

Price Review & Forecast 09:12:44AM Jul 04, 2013 Source:SMM

SHANGHAI, Jul. 4 (SMM) – In Shanghai tin market, spot prices remained stable at RMB 138,000-139,000/mt Wednesday morning. Some goods from Yunnan Tin Group were quoted at RMB 139,500/mt, but few transactions were made. In the afternoon, cargo holders were unwilling to move goods, and spot prices rose to RMB 138,500-140,000/mt given limited supplies. Most market players stayed on the sidelines in the morning as LME tin prices fell back after initial rises overnight. Transactions remained thin in the afternoon. 

 
Key Words:  Shanghai tin market 

SMM Tin Market Daily Review (2013-7-3)

Price Review & Forecast 09:12:44AM Jul 04, 2013 Source:SMM

SHANGHAI, Jul. 4 (SMM) – In Shanghai tin market, spot prices remained stable at RMB 138,000-139,000/mt Wednesday morning. Some goods from Yunnan Tin Group were quoted at RMB 139,500/mt, but few transactions were made. In the afternoon, cargo holders were unwilling to move goods, and spot prices rose to RMB 138,500-140,000/mt given limited supplies. Most market players stayed on the sidelines in the morning as LME tin prices fell back after initial rises overnight. Transactions remained thin in the afternoon. 

 
Key Words:  Shanghai tin market