Strong Bearishness Dampens Trading in Shanghai Tin Market, SMM Says

SHANGHAI, Sept. 11 (SMM) – Trading was subdued in Shanghai spot tin market on Monday as continuous declines in SHFE tin triggered strong pessimism.

Supply of hedged goods was plentiful. Mainstream traded prices were 141,500-143,500 yuan/tonne. Yunxi brand tin traded between 143,000-143,500 yuan/tonne, discounts of 1,000-1,600 yuan/tonne over SHFE 1801 tin.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.