SMM Tin Weekly Price Review and Forecast (Apr. 14-18, 2014)-Shanghai Metals Market

Hot Keywords

  • Copper
  • Production data
  • Zinc
  • Macroeconomics
  • Inventory data
  • MMi Iron Ore Port Index
  • Sales data
  • Aluminium
  • trend forecast
  • Operation update
  • iron ore
  • Wanbao Minerals
  • Nickel
  • Market commentary
  • Bauxite

SMM Tin Weekly Price Review and Forecast (Apr. 14-18, 2014)

Price Review & Forecast 03:13:02PM Apr 14, 2014 Source:SMM

SHANGHAI, Apr. 14 (SMM) – In Shanghai physical tin market, mainstream traded prices followed LME tin up to RMB 140,000-141,000/mt last Friday. Goods below RMB 140,000/mt were rarely found. Rising LME tin allowed smelters in China to hold back goods low prices. Second- and third-tier brand tin was quickly sold out. Goods consisted largely of first-tier brand tin from Yunnan by Thursday. However, prices of first-tier brand tin gained less than other brands. Rising prices prompted some downstream producers to enter the market. Overall trading was modest.   
 

Key Words:  Shanghai tin prices 

SMM Tin Weekly Price Review and Forecast (Apr. 14-18, 2014)

Price Review & Forecast 03:13:02PM Apr 14, 2014 Source:SMM

SHANGHAI, Apr. 14 (SMM) – In Shanghai physical tin market, mainstream traded prices followed LME tin up to RMB 140,000-141,000/mt last Friday. Goods below RMB 140,000/mt were rarely found. Rising LME tin allowed smelters in China to hold back goods low prices. Second- and third-tier brand tin was quickly sold out. Goods consisted largely of first-tier brand tin from Yunnan by Thursday. However, prices of first-tier brand tin gained less than other brands. Rising prices prompted some downstream producers to enter the market. Overall trading was modest.   
 

Key Words:  Shanghai tin prices