SMM Tin Market Daily Review (2015-1-7)

SHANGHAI, Jan. 8 (SMM) – In Shanghai spot tin market, trading activity turned brisk on Wednesday. Many sellers held back goods, tightening market supply. Some downstream buyers entered the market out of bullishness, helping pushing mainstream traded prices up RMB 500/mt to RMB 127,500-131,000/mt. Nanshan and Jinlong brand tin traded at RMB 127,500/mt, RMB 128,000-128,500/mt for Tianti and Yunxiang brand tin, and RMB 128,500-129,500/mt for Yunxi brand tin.