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Trading Slackens in Shanghai Spot Tin Market after Stock Replenishment, SMM Reports
Sep 13,2017 12:06CST
industry news
Source:SMM
Trading in Shanghai spot tin market weakened today since downstream buyers had built stocks yesterday, SMM reported.

SHANGHAI, Sept. 13 (SMM) – Trading in Shanghai spot tin market weakened today since downstream buyers had built stocks yesterday, SMM reported.

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

Mainstream traded prices in Shanghai were 142,000-143,500 yuan per tonne this morning.

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

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