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Quick Report on Tin Market

iconNov 6, 2017 17:04
Source:SMM
Tin price in Shanghai increases after a price fall.

SHANGHAI, Nov.6 (SMM)-Today's mainstream deal price of tin spot in Shanghai is 142,500-144,500 yuan per ton. In spite of a fair number of deals of low price products, the overall supply of goods was insufficient. The number of deals stayed as usual. Yunnan Tin's price was between its par and a discount of 300 yuan per ton, and the transaction price is 144,000-144,500 yuan per ton. Other Tin from Yunnan Province is around 143,000 yuan per ton, with ordinary tin sold at around 142,500 yuan per ton. Yunnan Tins in the market was bought at a higher price. As the price of Tin futures increased, Yunnan Tins' outflow decreased and led to the limitation of Tin supplies.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Tin
Yunnan Tin
Tin futures

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