SMM Tin Weekly Price Review and Forecast (Mar. 30-Apr. 3, 2015)

Published: Mar 30, 2015 16:40

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In domestic spot tin market, the price range narrowed slightly.

SHANGHAI, Mar. 30 (SMM) – In domestic spot tin market, the price range narrowed slightly. Some smelters entered maintenance cycle, cutting market supply. But the fall in supply was accompanied by decline in downstream demand, preventing prices from going up.

Trading in domestic spot market should remain thin this week, with prices expected to inch down to RMB 118,500-121,500/mt.

China tin prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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