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SMM Tin Market Daily Review (2015-8-25)
Aug 26, 2015 09:40Source:SMM
In Shanghai spot tin market, traders rushed to sell, while most processors held to the sidelines.
SHANGHAI, Aug. 26 (SMM) – In Shanghai spot tin market, traders rushed to sell, while most processors held to the sidelines. This sent mainstream traded prices down to RMB 102,500-103,500/mt on August 25. Some goods used for arbitrate between futures and spot market traded much lower to RMB 102,000-102,500/mt as holders were eager to take profit on the SHFE.
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