[Sn Price] SMM Tin Market Daily Review (2015-7-17)

SHANGHAI, Jul. 20 (SMM) – In Shanghai spot tin market, most deals closed at RMB 110,800-113,000/mt on July 17. Goods from Yunnan Tin Group traded at RMB 112,500-113,000/mt. However, holders of Yunxi brand tin cut offers to RMB 112,000/mt in the afternoon due to inflow of deliverable goods. Spot prices will face downward pressure this week as more deliverable goods flow in.