Trading in China Tin Market to Stop Next Week, with Prices Expected at 124,500-127,500 yuan

Feb 13, 2015 16:11

Trading in China’s tin market will gradually come to a halt next week as the Chinese New Year holiday nears, Shanghai Metals Market foresees.

SHANGHAI, Feb. 13 (SMM) – Trading in China’s tin market will gradually come to a halt next week as the Chinese New Year holiday nears, Shanghai Metals Market foresees.

Tin prices in China’s domestic market will trade between 124,500-127,500 yuan per tonne, and LME tin will fluctuate between $17,300-18,400 per tonne, SMM expects.

Domestic market players will gradually exit the market during the last trading week ahead of the holiday which falls from Feb. 18 to 24.

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Trading in China Tin Market to Stop Next Week, with Prices Expected at 124,500-127,500 yuan

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