SMM Tin Market Daily Review (2013-9-6)

SHANGHAI, Sept. 9 (SMM) – On Friday, traded prices for spot tin in Shanghai were primarily between RMB 142,500-144,500/mt. With LME tin prices rising continuously, resources offered at RMB 142,500/mt were rarely seen, and some tin smelters became reluctant to move goods, while most traders also refrained from selling, awaiting prices to increase. Downstream buyers were cautious, leaving consumption moderate.