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[SMM Shanghai tin express] tin prices up Shanghai tin spot market transaction is weak

iconMay 11, 2020 12:15
Source:SMM

SMM, 11 May:

Spot market, today quoted 134500136500 yuan / ton. The tin market in Shanghai rose in the morning, and the spot price of Shanghai tin rose significantly. Downstream enterprises were afraid of heights, buying interest was weak, only a small number of purchases were needed, and traders also partially maintained a wait-and-see mood. The overall transaction atmosphere of Shanghai tin spot market is weak. Shanghai tin 2007 contract set Yunxi rising water 6000 yuan / ton. The Shanghai period tin 2006 contract ordinary cloud word rises the water 3500 yuan / ton near, the small card rises the water 3000 yuan / ton nearby.

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