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SMM Tin Weekly Price Review and Forecast (Sept. 22-26, 2014)
Sep 22, 2014 17:17Source:SMM
In Shanghai physical tin market, mainstream traded prices rose to RMB 138,500-140,500/mt last Friday, driven by tight supply.
SHANGHAI, Sept. 22 (SMM) – In Shanghai physical tin market, mainstream traded prices rose to RMB 138,500-140,500/mt last Friday, driven by tight supply. Tin from Yunnan Tin Group traded as high as RMB 140,000-140,500/mt. Yunnan Chengfeng Non-ferrous Metals suspended making offers for a week due to maintenance. China Tin Group cut sales due to limited goods. Downstream demand remained soft.
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