SMM Tin Market Daily Review (2013-10-17)-Shanghai Metals Market

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SMM Tin Market Daily Review (2013-10-17)

Price Review & Forecast 09:51:24AM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – Cargo holders in Shanghai spot tin market kept cutting their quotations Thursday due to tumbling LME tin prices and poor consumption. Most brands were traded in the RMB 147,500-150,000/mt range, with some brands from Jiangxi even offered as low as RMB 146,500/mt. Resources from Yunnan Tin Group were rare, with traded prices at RMB 151,500-152,000/mt. In the afternoon, most goods of Jiangxi were sold at RMB 146,500-147,000/mt, while traded prices for other brands were RMB 149,000-151,500/mt. Some consumers downstream started purchasing, with trading improving compared with morning session. 

 
Key Words:  spot tin price 

SMM Tin Market Daily Review (2013-10-17)

Price Review & Forecast 09:51:24AM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – Cargo holders in Shanghai spot tin market kept cutting their quotations Thursday due to tumbling LME tin prices and poor consumption. Most brands were traded in the RMB 147,500-150,000/mt range, with some brands from Jiangxi even offered as low as RMB 146,500/mt. Resources from Yunnan Tin Group were rare, with traded prices at RMB 151,500-152,000/mt. In the afternoon, most goods of Jiangxi were sold at RMB 146,500-147,000/mt, while traded prices for other brands were RMB 149,000-151,500/mt. Some consumers downstream started purchasing, with trading improving compared with morning session. 

 
Key Words:  spot tin price