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Home / Metal News / Shanghai Tin Prices Extend Losses and Trading Muted, SMM Reports

Shanghai Tin Prices Extend Losses and Trading Muted, SMM Reports

iconAug 16, 2017 14:18
SHFE tin inched down this morning to 143,010 yuan/tonne, sending spot prices in Shanghai down further.

SHANGHAI, Aug. 16 (SMM) – SHFE tin inched down this morning to 143,010 yuan/tonne, sending spot prices in Shanghai down further.

Mainstream traded prices fell to 142,500-144,000 yuan/tonne before lunchtime. Hedged goods from Yunnan Tin Group traded at premiums of 800-1,000 yuan/tonne over SHFE 1709 tin. Small brand tin traded at 142,500 yuan/tonne, while ordinary tin from Yunnan Tin Group traded between 143,100-143,400 yuan/tonne. 

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shanghai tin prices
shfe tin prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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