SMM, 8 April:
Spot market, this morning the mainstream transaction price 124500127000 yuan / ton, Shanghai early tin plate center of gravity down, but the spot price did not significantly follow. In terms of transaction, only a small number of traders and downstream enterprises purchase cautiously in the morning, the source of low-price small-brand goods is relatively favored, and the overall transaction atmosphere of Shanghai-tin spot market is generally weak. Shanghai tin 2006 contract set Yunxi rising water 6500-7000 yuan / ton, ordinary cloud word rising water 5000-5500 yuan / ton, small brand rising water 4500 yuan / ton.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn