Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Tin Market Morning Review (2013-6-24)

SMM Tin Market Morning Review (2013-6-24)

iconJun 24, 2013 09:29
Source:SMM
LME tin prices last Friday opened at USD 19,500/mt, with the high end of the price range USD 20,000/mt, and finding support at USD 19,400/mt.

SHANGHAI, Jun. 24 (SMM) – LME tin prices last Friday opened at USD 19,500/mt, with the high end of the price range USD 20,000/mt, and finding support at USD 19,400/mt. Finally, LME tin prices closed at USD 20,000/mt, up USD 500/mt. Trading volumes decreased by 387 lots, to 406 lots, and total position increased by 515 lots, to 21,848 lots. Inventories fell by 85 mt, to 14,250 mt.

LME tin prices pulled down during Asian trading hours last Friday, but soared during European trading hours, finally closing at USD 20,000/mt, up USD 500/mt. That is because of news that China’s central bank injected RMB 50 billion to help ease liquidity problem last Friday.

LME tin prices will test support at USD 20,000/mt today, and spot prices in Shanghai should move between RMB 139,000-140,500/mt.
 

LME tin prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.