SMM Tin Weekly Price Review and Forecast (Oct. 27-31, 2014)

SHANGHAI, Oct. 27 (SMM) – The decline in Shanghai tin prices slowed down last week as LME tin prices came to stabilize. Mainstream traded prices were RMB 134,500-137,500/mt last Friday. Trading activity was brisk in the first half of the week, but the inflow of cheap goods from Yunnan dragged prices down. Trading waned later in the week, but depletion of cheap goods allowed low-end prices to stabilize between RMB 134,500-135,000/mt. Yunxiang and Tianti brand tin traded at RMB 134,500/mt, while Yunxi and Yunheng brand tin traded between RMB 136,500-137,500/mt.