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

iconMay 18, 2015 15:43
Source:SMM
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

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