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

Published: Sep 15, 2017 12:07
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.

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

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn