Strong Bearishness Dampens Trading in Shanghai Tin Market, SMM Says

Published: Sep 11, 2017 12:12

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Trading was subdued in Shanghai spot tin market on Monday as continuous declines in SHFE tin triggered strong pessimism.

SHANGHAI, Sept. 11 (SMM) – Trading was subdued in Shanghai spot tin market on Monday as continuous declines in SHFE tin triggered strong pessimism.

Supply of hedged goods was plentiful. Mainstream traded prices were 141,500-143,500 yuan/tonne. Yunxi brand tin traded between 143,000-143,500 yuan/tonne, discounts of 1,000-1,600 yuan/tonne over SHFE 1801 tin.

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