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

Published: Mar 16, 2015 16:16
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.  
 

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