SMM Tin Market Daily Review (2015-5-5)

May 6, 2015 09:22

In Shanghai spot tin market, supply was limited and some speculators entered the market to stockpile goods for hedging on the SHFE.

SHANGHAI, May 6 (SMM) –In Shanghai spot tin market, supply was limited and some speculators entered the market to stockpile goods for hedging on the SHFE. This helped mainstream traded prices rise to RMB 116,000-117,500/mt on Tuesday. Goods from Yunnan Tin Group traded at RMB 117,500/mt. However, buying cooled after SHFE 1507 tin contract dived.

Shanghai tin prices

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SMM Tin Market Daily Review (2015-5-5)

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