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SMM Tin Market Daily Review (2014-7-9)
Jul 10, 2014 09:02Source:SMM
In Shanghai physical tin market, mainstream traded prices lost RMB 200/mt to RMB 138,800-140,500/mt on Wednesday.
SHANGHAI, Jul. 10 (SMM) – In Shanghai physical tin market, mainstream traded prices lost RMB 200/mt to RMB 138,800-140,500/mt on Wednesday. Some Nanshan and Jinlong brand tin traded around RMB 138,600/mt. Falling LME tin prices overnight dampened market sentiment in China. Downstream producers cut output to tackle with lackluster demand and tight cash, undermining tin demand.
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