In Shanghai spot tin market, most deals closed between RMB 137,500-139,500/mt on Thursday, down RMB 500/mt from yesterday.
SHANGHAI, Oct. 10 (SMM) – In Shanghai spot tin market, most deals closed between RMB 137,500-139,500/mt on Thursday, down RMB 500/mt from yesterday. The price decline was caused by falling LME tin prices, tepid demand in domestic market and ample supply of Jiangxi goods.
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.