SMM Tin Market Daily Review (2013-11-7)

SHANGHAI, Nov. 8 (SMM) – Trading for spot tin in Shanghai was dull on Thursday due to lower-than-expected performance of LME tin prices overnight. Traded prices were mainly between RMB 144,800-147,500/mt, up marginally from Wednesday. A few resources from Nanshan were offered at RMB 144,500/mt in the morning, and were soon sold out. In the afternoon, prices held steady, and neither sellers nor buyers were willing to budge on prices, awaiting LME tin price movements for a clear clue.