SHANGHAI, Dec. 9 (SMM) – Spot tin prices in China continued falling and came to a low of RMB 138,500-141,000/mt last Thursday. However, spot prices moved higher on Friday to RMB 140,000-142,000/mt as cheap resources were depleted. Transactions were hardly made in the first trading days of last week. The falling LME tin prices and tight finances across the sector which prompted tin smelters to increase supplies added to drag on prices. But trading picked up slight on Thursday with traders reporting decent sales in the afternoon. This was followed by the price hikes on Friday when goods offered below RMB 140,000/mt were rarely seen in the market. However, high-priced resources were still not favored.