SMM Tin Market Daily Review (2013-10-16)

SHANGHAI, Oct. 17 (SMM) – In Shanghai tin market, spot prices kept falling Wednesday due to the retreat in LME tin. Mainstream traded prices were between RMB 148,800-152,000/mt in the morning. Prices for resources of Yunnan Tin Group held up high, while other brands were between RMB 148,800-150,000/mt. In the afternoon, the sagging trade sent quotations to a low of RMB 148,500/mt, but most cargo holders said no transactions were done.