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Home / Metal News / Falling SHFE Tin Distresses Sentiment in Shanghai Spot Tin Market, SMM Reports

Falling SHFE Tin Distresses Sentiment in Shanghai Spot Tin Market, SMM Reports

iconSep 7, 2017 13:14
Source:SMM
Market sentiment was depressed after SHFE tin prices fell. A wait-and-see attitude grew in Shanghai spot tin market, SMM reported.

SHANGHAI, Sept. 7 (SMM) – Market sentiment was depressed after SHFE tin prices fell. A wait-and-see attitude grew in Shanghai spot tin market, SMM reported.

LME Tin Net Long Positions Increase for 3 Weeks on End on Market Optimism

Mainstream traded prices in Shanghai were 141,800-143,050 yuan per tonne this morning.

SMM 7th Tin Value Chain Summit Opens September 7

Discounts for hedged Yunxi tin were 1,800-2,000 yuan per tonne. Regular tin from Yunnan Tin Group traded at 142,300-142,500 yuan per tonne. Yunxi Tin traded at 143,500-144,000 yuan per tonne, with 141,800-142,000 yuan per tonne for small brand tin. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

SHFE tin price
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For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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