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Home / Metal News / SMM Tin Market Morning Review (2014-4-18)

SMM Tin Market Morning Review (2014-4-18)

iconApr 18, 2014 09:12
LME tin opened at USD 23,500/mt on Thursday.

SHANGHAI, Apr. 18 (SMM) – LME tin opened at USD 23,500/mt on Thursday. The metal touched day’s high USD 23,500/mt and day’s low of USD 23,175/mt, closing the day down USD 149/mt at USD 23,350/mt. Trading volumes shrank 80 lots from the previous day to 378 lots, and positions were also down 97 lots to 22,366 lots. Inventories dropped 15 mt to 9,515 mt.                     

LME is closed today for the Good Friday. In Shanghai physical tin market, prices are expected between RMB 139,500-141,000/mt.

 

LME tin prices
Shanghai tin prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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