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Home / Metal News / SMM Tin Price Forecast (Mar. 5-9)

SMM Tin Price Forecast (Mar. 5-9)

Mar 5, 2012 14:20

Source:SMM

Spot tin prices stabilized between RMB 173,000-175,000/mt last week in Shanghai as a result of steady LME tin prices and stability in both supply and demand.

SHANGHAI, Mar. 5 (SMM) – Spot tin prices stabilized between RMB 173,000-175,000/mt last week in Shanghai as a result of steady LME tin prices and stability in both supply and demand. Most smelters had been holding goods, which effectively supported tin prices. Tin supply from Jiangxi was hardly seen before improving slightly on Thursday. Demand in the Shanghai market stayed weak. Trading was relatively active at low end prices and light at high end prices.

tin price

Shanghai

tin Sn

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demand

LME tin

Jiangxi

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[SMM afternoon comment on zinc in Shanghai: The market premium rose slightly, and the transaction was modest] On the whole, the transactions between traders are mainly dealt with the average price premium today. At the same time, affected by that, the market shipments with the market price decreased, and then some holders held up the price, so that the overall transaction was modest.

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SMM Comments

Zinc in Shanghai: The Market Premium Rose Slightly, and the Transaction was Modest [SMM Afternoon Comment]

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SMM Tin Price Forecast (Mar. 5-9)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025