SMM Tin Weekly Review and Forecast (15-19 Jul. 2013)

Jul 15, 2013 15:44

Source:SMM

Spot tin prices in Shanghai continued to slip influenced by LME tin, but stopped falling last Thursday, with Friday’s traded prices at RMB 136,500-137,500/mt.

SHANGHAI, Jul. 15 (SMM) – Spot tin prices in Shanghai continued to slip influenced by LME tin, but stopped falling last Thursday, with Friday’s traded prices at RMB 136,500-137,500/mt. Trading remained quiet in the first three days last week, but was slightly enlivened by rebounding LME tin and Chinese stocks last Thursday which caused some to turn bullish. Smelters were still reluctant to sell goods against cost pressure.

spot tin price

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SMM Tin Weekly Review and Forecast (15-19 Jul. 2013)

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