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Home / Metal News / SMM Tin Market Morning Review (2015-3-11)

SMM Tin Market Morning Review (2015-3-11)

Mar 11, 2015 09:38

Source:SMM

LME tin should continue to test support at USD 17,600/mt and hover between USD 17,600-17,970/mt, while spot tin prices in China should hold flat between RMB 122,500-126,500/mt.

SHANGHAI, Mar. 11 (SMM) – LME tin overnight started at USD 18,125/mt and then moved between USD 17,780-18,125/mt before ending down USD 325/mt at USD 17,800/mt on Tuesday. Trading volumes for three-month tin on the London Metal Exchange decreased 40 lots to 135 lots, while positions gained 239 to 20,984. LME tin inventories added 65 mt to 10,675 mt.

On Wednesday, LME tin should continue to test support at USD 17,600/mt and hover between USD 17,600-17,970/mt, while spot tin prices in China should hold flat between RMB 122,500-126,500/mt.

LME tin prices

spot tin prices

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In Shanghai spot tin market, recent production cuts will allow smelters to hold back goods at lows.

Jul 28, 2016 09:16

SMM Comments

55% Chinese Tin Smelters Expect Tin Prices to Stabilize This Week, SMM Survey

SMM’s survey of major Chinese tin smelters over their opinions on this week’s price outlook shows the following results.

Jul 26, 2016 10:47

SMM Comments

LME Tin to Be Range-Bound (2016-1-20)

LME tin will test support at USD 13,000/mt and meet resistance at USD 13,500/mt on Wednesday.

Jan 20, 2016 09:32

SMM Comments

SMM Tin Market Morning Review (2015-11-2)

LME tin opened at USD 15,145/mt on Friday.

Nov 2, 2015 09:37

SMM Comments

SMM Tin Market Morning Review (2015-10-16)

LME tin opened at USD 16,055/mt on Thursday.

Oct 16, 2015 09:42

SMM Comments

SMM Tin Market Morning Review (2015-10-15)

LME tin opened at USD 15,650/mt on Wednesday.

Oct 15, 2015 09:38

SMM Comments

SMM Tin Market Daily Review (2015-6-17)

The most active SHFE tin contract opened at RMB 111,550/mt early Wednesday and rose to RMB 112,240/mt at one point.

Jun 18, 2015 08:58

SMM Comments

SMM Tin Market Morning Review (2015-4-28)

–LME tin opened at USD 15,825/mt on Monday.

Apr 28, 2015 09:50

SMM Comments

SMM Tin Market Morning Review (2015-4-7)

Crude oil gained about 5%, which should help push LME tin up to USD 16,700-17,200/mt.

Apr 7, 2015 09:37

SMM Comments

SMM Tin Market Morning Review (2015-3-13)

LME tin is expected to hover between USD 17,000-17,500/mt, while spot tin in China should trade between RMB 121,500-125,500/mt.

Mar 13, 2015 09:53

SMM Comments

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