SMM Tin Market Daily Review (2013-10-9)

Price Review & Forecast 09:24:14AM Oct 10, 2013 Source:SMM

SHANGHAI, Oct. 10 (SMM) – Spot tin prices in Shanghai were mainly between RMB 151,500-154,000/mt on Wednesday, flat with Tuesday, but trading was thin. Some goods of Jinlong and Nanshan were traded lower at RMB 151,000/mt. Market saw fewer inquiries in the afternoon. Smelters tended to lower quotation, but some still held quotes firm and watched on the sidelines. Tin prices were resistant to declines, but anemic consumption may pose downside risk on prices.

 
Key Words:  spot tin price 

SMM Tin Market Daily Review (2013-10-9)

Price Review & Forecast 09:24:14AM Oct 10, 2013 Source:SMM

SHANGHAI, Oct. 10 (SMM) – Spot tin prices in Shanghai were mainly between RMB 151,500-154,000/mt on Wednesday, flat with Tuesday, but trading was thin. Some goods of Jinlong and Nanshan were traded lower at RMB 151,000/mt. Market saw fewer inquiries in the afternoon. Smelters tended to lower quotation, but some still held quotes firm and watched on the sidelines. Tin prices were resistant to declines, but anemic consumption may pose downside risk on prices.

 
Key Words:  spot tin price