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Home / Metal News / SMM Tin Market Daily Review (2015-5-7)

SMM Tin Market Daily Review (2015-5-7)

iconMay 8, 2015 09:08
In Shanghai spot tin market, prices continued to rise on Thursday.

     

SHANGHAI, May 8 (SMM) – In Shanghai spot tin market, prices continued to rise on Thursday. Market supply was tight since hedged goods were tied up. This encouraged suppliers to demand higher prices. Mainstream traded prices rose to RMB 121,000-123,000/mt. But higher prices drove many buyers to the sidelines. 
 
 
 
Shanghai tin prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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