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SMM Tin Weekly Price Review and Forecast (Mar. 10-14, 2014)
Mar 10,2014 14:45CST
price review forecast
Source:SMM
In Shanghai’s physical market, tin prices dropped from RMB 141,500-143,500/mt early last week to RMB 141,000-143,000/mt last Friday.

SHANGHAI, Mar. 10 (SMM) – In Shanghai’s physical market, tin prices dropped from RMB 141,500-143,500/mt early last week to RMB 141,000-143,000/mt last Friday. LME tin was range-bound, but most other base metals rallied, boosting market sentiment. This allowed spot tin prices to hold stable even against weak demand. Later in the week, supply in spot market grew as second- and third-tier brand goods from Jiangxi arrived continuously. Meanwhile, demand remained anemic, sending tin prices down to RMB 141,000-141,500/mt. Prices for Yunxi brand tin remained firm at RMB 143,000-143,500/mt, though.  
 

Shanghai tin prices

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