Snapshot: Tin spot market in Shanghai

SHANGHAI, Apr 10 (SMM) – Trading in the tin spot market in Shanghai was flat on Tuesday April 10 with prices mostly seen at 143,500-145,000 yuan/mt.

Products from Yunnan Tin traded at a premium of 300 yuan/mt against the SHFE 1805 contract with prices around 145,000 yuan/mt. Other brands from the province traded at a discount of around 500 yuan/mt while smaller brands traded at a discount of 1,000-700 yuan/mt.

With prices over 145,000 yuan/mt, Yunnan Tin's stable performance quelled market concerns. 

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