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Home / Metal News / Shanghai Spot Tin Market Sees Wait-and See Sentiment as SHFE Tin Plunges, SMM Reports

Shanghai Spot Tin Market Sees Wait-and See Sentiment as SHFE Tin Plunges, SMM Reports

Sep 15, 2017 12:07

Source:SMM

Trading in Shanghai spot tin market was quiet today since downstream buyers most took a wait-and-see attitude with falling prices, SMM reported.

SHANGHAI, Sept. 15 (SMM) – Trading in Shanghai spot tin market was quiet today since downstream buyers most took a wait-and-see attitude with falling prices, SMM reported.

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

Spot tin prices dropped as SHFE tin prices dived in the morning.

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

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