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Trading Improves in Shanghai Spot Tin Market on Pre-Holiday Stockpiling, SMM Reports

iconSep 26, 2017 12:03
Source:SMM
Trading in Shanghai spot tin market is relatively brisk today as some downstream buyers build stocks before the Chinese National Day holiday.

SHANGHAI, Sept. 26 (SMM) – Trading in Shanghai spot tin market is relatively brisk today as some downstream buyers build stocks before the Chinese National Day holiday.

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Spot tin prices in Shanghai traded mainly between 143,500-145,000 yuan per tonne this morning.

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Discounts for hedged Yunxi tin were 1,500 yuan per tonne. Regular tin from Yunnan Tin Group traded at 144,000 yuan per tonne. Yunxi Tin traded at 145,000-145,200 yuan per tonne, with 143,000-143,500 yuan per tonne for small brand tin. 

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