SMM Tin Market Daily Review (2015-7-2)-Shanghai Metals Market

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SMM Tin Market Daily Review (2015-7-2)

Price Review & Forecast 08:57:36AM Jul 03, 2015 Source:SMM
SHANGHAI, Jul. 3 (SMM) – Rising LME and SHFE tin prices encouraged sellers in Shanghai spot tin market to hold back goods in hopes of higher prices. Cheap goods were quickly sold out in the morning. Mainstream traded prices rose to RMB 112,000-113,500/mt on Thursday. The price rally prompted downstream producers to make purchases, leaving trading moderate. Goods from Yunnan Tin Group traded at RMB 113,000-113,500/mt.  
 
 
 
 
Key Words:  Shanghai tin prices 

SMM Tin Market Daily Review (2015-7-2)

Price Review & Forecast 08:57:36AM Jul 03, 2015 Source:SMM
SHANGHAI, Jul. 3 (SMM) – Rising LME and SHFE tin prices encouraged sellers in Shanghai spot tin market to hold back goods in hopes of higher prices. Cheap goods were quickly sold out in the morning. Mainstream traded prices rose to RMB 112,000-113,500/mt on Thursday. The price rally prompted downstream producers to make purchases, leaving trading moderate. Goods from Yunnan Tin Group traded at RMB 113,000-113,500/mt.  
 
 
 
 
Key Words:  Shanghai tin prices