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SMM Tin Weekly Price Review and Forecast (May 18-22, 2015)

Published: May 18, 2015 15:43
SHFE 1507 tin contract ended last Thursday at RMB 119,500/mt, down RMB 2,530/mt from a week ago.

 

SHANGHAI, May 18 (SMM) –SHFE 1507 tin contract ended last Thursday at RMB 119,500/mt, down RMB 2,530/mt from a week ago. Tin prices in domestic spot market also dropped, due to pullback in SHFE tin, growing supply and softening demand. Mainstream traded prices were RMB 118,000-120,000/mt last Friday. 
 
SHFE 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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