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.
SMM Tin Weekly Price Review and Forecast (Apr. 14-18, 2014)
Key Words: Shanghai tin prices
