SMM Tin Weekly Price Review and Forecast (Mar. 16-20, 2015)

Mar 16, 2015 16:16

Source:SMM

Tin prices in Shanghai spot market were stable between RMB 122,000-125,000/mt last Monday.

SHANGHAI, Mar. 16 (SMM) – Tin prices in Shanghai spot market were stable between RMB 122,000-125,000/mt last Monday, but fell to RMB 121,500-124,500/mt the next day as a USD 325/mt decline in LME tin turned market players in domestic market bearish. Prices dropped further to RMB 121,000-124,000/mt later in the week after LME tin retreated from USD 17,600/mt.

Shanghai tin prices

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.

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SMM Tin Weekly Price Review and Forecast (Mar. 16-20, 2015)

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