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

Jul 14, 2014 10:30

In Shanghai physical tin market, prices followed LME tin down in the week ending July 11.

SHANGHAI, Jul. 14 (SMM) – In Shanghai physical tin market, prices followed LME tin down in the week ending July 11. Mainstream traded prices fell to RMB 138,500-140,000/mt last Friday, a drop of RMB 500/mt from early last week. Falling LME tin fueled bearish sentiment among downstream producers in China, pushing prices down. However, limited supply prevented prices from dropping sharply.

Shanghai tin prices

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

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