SMM Tin Market Daily Review (2015-5-27)

Published: May 28, 2015 10:17

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Shorts closed positions on the SHFE after SHFE 1507 tin contract slumped.

SHANGHAI, May 28 (SMM) – Shorts closed positions on the SHFE after SHFE 1507 tin contract slumped. Hedged goods thus flooded into spot market, sending mainstream traded prices in Shanghai down to RMB 114,700-116,500/mt on Wednesday. Goods from Yunnan Tin Group traded at RMB 116,500/mt.

Shanghai 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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