In Shanghai spot tin market, mainstream traded prices rose to RMB 115,500-117,000/mt on Wednesday morning.
SHANGHAI, Apr. 30 (SMM) –In Shanghai spot tin market, mainstream traded prices rose to RMB 115,500-117,000/mt on Wednesday morning. But prices fell back to RMB 115,000-116,500/mt in the afternoon as demand cooled. Traders lost buying interest as narrowing price gap between SHFE tin prices and Shanghai spot prices created little room for arbitrage.
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