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Home / Metal News / SMM Tin Market Daily Review (2015-8-19)

SMM Tin Market Daily Review (2015-8-19)

Aug 20, 2015 09:47

Source:SMM

In Shanghai spot tin market, prices extended losses due to poor demand.

SHANGHAI, Aug. 20 (SMM) – In Shanghai spot tin market, prices extended losses due to poor demand. Mainstream traded prices were RMB 106,000-107,300/mt on August 19. Some smelters began cutting output last month against falling tin prices and raw material shortages. Despite production cuts, market supply remained in surplus due to tepid demand.

Sn price

Shanghai tin prices

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SMM Tin Market Daily Review (2015-8-19)

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