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Shanghai Tin Prices to Average at 120,000 yuan in First Half of 2015, CNIA Says

iconApr 21, 2015 14:15
Source:SMM
Tin prices in China’s domestic market are expected to average at 120,000 yuan per tonne during the first six months of 2015, China Nonferrous Metals Industry Association said at its website.

SHANGHAI, Apr. 21 (SMM) – Tin prices in China’s domestic market are expected to average at 120,000 yuan per tonne during the first six months of 2015, China Nonferrous Metals Industry Association said at its website.

"China now sees supply surplus in the market, leaving no rising momentum to tin price, and trading will be thin,” the CNIA said.  

LME tin is expected to keep fluctuating for the rest of second quarter, with first-half’s average at $17,500 per tonne, it added. 

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