SMM Tin Market Daily Review (2013-11-12)

SHANGHAI, Nov. 13 (SMM) – In Shanghai spot tin market, supply for cheap resources increased given light trading, with traded prices primarily between RMB 144,500-147,500/mt. Some deals were even made lower at RMB 144,500/mt, but consumption remained feeble. LME tin prices continued to consolidate following several failed attempts to rise, bearishness in the market strengthened, with more players staying on the sidelines.