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SMM Tin Market Morning Review (2014-4-22)

iconApr 22, 2014 09:16
Source:SMM
Markets will stay cautious ahead of tomorrow’s release of HSBC’s flash China manufacturing PMI for April.

SHANGHAI, Apr. 22 (SMM) –  Markets will stay cautious ahead of tomorrow’s release of HSBC’s flash China manufacturing PMI for April. LME tin should move in a tight USD 23,100-23,600/mt range today. In Shanghai physical tin market, downstream demand will remain soft, with prices expected between RMB 139,500-141,500/mt.

 

LME tin prices
Shanghai tin prices

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