Via the lastest price analysis of 1# tin slab on www.smm.com.cn on 5th,June,2009,the price of finished tin still keep high level:
Although the tin market in Shanghai showed wateriness three days before the Dragon Boat Festival.The strong rise of London tin after little long vacation lead to the low price selling of tin ore gravel's .The smelting works are trobled from not only the expensive ore but also the encumbered of dullness consume and difficult raising of tin's price.The strong raise price of London tin has supported the reaon and space for the smelting works's quoted price for high.The domestic main tin will advance in price to 110,000RMB.Inspired by outer reason and neighboring markets at Monday's afternoon,merchants have join the receiving goods' procession,but it isn't easy for low price's receiving goods;the consume in lower course is more prudent.The tin's price will keep the trend of slow raise.
As for the slump of US dollar,after stimulate the London tin at 14,000 USD,it raised up to 14,725 USD,and it has raised 1,200 USD pile in three days,jump raise up all average line,and survey again the price level in Oct,2008,it restores to the price at 120,000RMB/ton.
Every users can consider to prepare goods recently.
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