SMM Tin Market Daily Review (2015-6-24)

SHANGHAI, Jun. 25 (SMM) –In Shanghai spot tin market, mainstream traded prices stabilized at RMB 113,500-115,000/mt on June 24. Market inquiries were thin. Goods from Yunnan Tin Group traded at RMB 114,500-115,000/mt. Suppliers said that sales of Yunxi brand tin were poor at RMB 115,000/mt. In the afternoon, cheap hedged goods flowed in after SHFE tin prices slumped. Prices for Yunheng and Yunxiang brand tin dropped to RMB 113,000-113,500/mt, while prices for other brands held largely stable. Trading was muted.