Home / Metal News / [SMM Shanghai tin express] overall transaction in tin market is on the weak side, some merchants have lowered their quotations.

[SMM Shanghai tin express] overall transaction in tin market is on the weak side, some merchants have lowered their quotations.

iconMay 12, 2020 12:02
Source:SMM

SMM, 12 May:

Spot market, today quoted 134500136500 yuan / ton. In the morning, the overall high level of tin disk in Shanghai moved down slightly, and most of the downstream enterprises just needed to purchase, and the traders were affected by the transaction. The overall transaction atmosphere of Shanghai tin spot market is weak. Shanghai tin 2007 contract set Yunxi rising water near 6000 yuan / ton, ordinary cloud word rising water near 5000-5500 yuan / ton, small brand rising water 4, 000-4, 500 yuan / ton.

Trading in Shanghai
afternoon news
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All