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SMM Tin Market Daily Review (2015-2-26)

iconFeb 27, 2015 09:17
On the Shanghai spot tin market, traded prices hovered steadily between RMB 124,500-127,500/mt on Thursday.

SHANGHAI, Feb. 27 (SMM) – On the Shanghai spot tin market, traded prices hovered steadily between RMB 124,500-127,500/mt on Thursday. Some traders remained closed despite the end of the Chinese New Year holiday, leaving trading muted. Spot tin was in tight supply, with traders rushing to buy. Leading brands Yunxiang and Yunxi were quoted at RMB 126,500/mt and RMB 128,500/mt, respectively. Markets expect spot tin prices to rebound further given constrained supply and a rise in LME tin.
 

spot tin prices
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