Shanghai Spot Tin Price Not Follow SHFE Tin up, SMM Reports

Published: Sep 25, 2017 11:59

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Trading in Shanghai spot tin market was lackluster today.

SHANGHAI, Sept. 25 (SMM) – Trading in Shanghai spot tin market was lackluster today.

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Spot tin prices in Shanghai did not rise noticeably despite higher SHFE zinc, and traded mainly between 142,500-144,000 yuan per tonne this morning.

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Discounts for hedged Yunxi tin were 1,500-1,200 yuan per tonne. Regular tin from Yunnan Tin Group traded at 143,000 yuan per tonne. Yunxi Tin traded at 144,000 yuan per tonne, with 142,500 yuan per tonne for small brand tin.

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