SMM Tin Weekly Price Review and Forecast (Feb. 24-28, 2014)-Shanghai Metals Market

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SMM Tin Weekly Price Review and Forecast (Feb. 24-28, 2014)

Price Review & Forecast 08:45:44AM Feb 25, 2014 Source:SMM

SHANGHAI, Feb. 24 (SMM) – In China’s spot tin market, prices extended gains early last week, rising to RMB 142,000-144,500/mt, but dropped later to RMB 141,000-142,000/mt due to sluggish demand. Prices of Yunnan Tin Group’s products held firm at RMB 144,000/mt given limited supply. Low-priced goods were also rare since many smelters in Jiangxi province have not resumed production. However, low goods availability failed to push up prices since consumption remained soft.
 

Key Words:  spot tin prices 

Price

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1# Zinc
Dec.06
18450.0
-60.0
(-0.32%)
0# Zinc
Dec.06
18520.0
-60.0
(-0.32%)
T/C for Domestic Zinc Concentrate
Dec.01
6275.0
0.0
(0.00%)
T/C for Imported Zinc Concentrate
Dec.01
310.0
30.0
(10.71%)
Zinc Alloy (Zamak5/ZX03)
Dec.06
19720.0
-60.0
(-0.30%)

SMM Tin Weekly Price Review and Forecast (Feb. 24-28, 2014)

Price Review & Forecast 08:45:44AM Feb 25, 2014 Source:SMM

SHANGHAI, Feb. 24 (SMM) – In China’s spot tin market, prices extended gains early last week, rising to RMB 142,000-144,500/mt, but dropped later to RMB 141,000-142,000/mt due to sluggish demand. Prices of Yunnan Tin Group’s products held firm at RMB 144,000/mt given limited supply. Low-priced goods were also rare since many smelters in Jiangxi province have not resumed production. However, low goods availability failed to push up prices since consumption remained soft.
 

Key Words:  spot tin prices