SMM Tin Market Daily Review (2013-11-21)-Shanghai Metals Market

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Home > News > Price Review & Forecast > SMM Tin Market Daily Review (2013-11-21)

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SMM Tin Market Daily Review (2013-11-21)

Price Review & Forecast 09:41:21AM Nov 22, 2013 Source:SMM

SHANGHAI, Nov. 22 (SMM) – In Shanghai spot tin market, mainstream traded prices were RMB 143,500-146,000/mt on Thursday, with a few goods of Yunnan Tin Group sold at RMB 146,500/mt. Wait-and-see sentiment permeated in the market due to the directionless LME tin prices, and smelters confronted great sales pressure given the tight cash flow by year’s end, dragging down spot tin prices.

Key Words: spot tin prices

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SMM Tin Market Daily Review (2013-11-21)

Price Review & Forecast 09:41:21AM Nov 22, 2013 Source:SMM

SHANGHAI, Nov. 22 (SMM) – In Shanghai spot tin market, mainstream traded prices were RMB 143,500-146,000/mt on Thursday, with a few goods of Yunnan Tin Group sold at RMB 146,500/mt. Wait-and-see sentiment permeated in the market due to the directionless LME tin prices, and smelters confronted great sales pressure given the tight cash flow by year’s end, dragging down spot tin prices.

Key Words: spot tin prices