SMM Tin Market Morning Review (2015-4-8)

Published: Apr 8, 2015 09:34
LME tin opened at USD 16,700/mt on Tuesday.
SHANGHAI, Apr. 8 (SMM) –LME tin opened at USD 16,700/mt on Tuesday. The metal touched day’s high of USD 16,800/mt and day’s low of USD 16,585/mt before closing up USD 15/mt at USD 16,740/mt. Trading volumes dropped by 53 lots to 141 lots, but positions were up 298 to 20,345. Inventories fell by 60 mt to 9,588 mt. The price rise was largely the result of rising crude oil. A stronger greenback and rising crude oil should keep LME tin trapped between USD 16,500-18,500/mt on Wednesday.
 
SHFE 1507 tin contract is expected to drop slightly to RMB 117,000-119,000/mt on Wednesday due to the entry of bears yesterday.  
 
In domestic spot market, trading will remain thin, with mainstream traded prices expected between RMB 117,000-119,500/mt. 
 
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Apr 3, 2026 16:06
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Read More
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
Space Computing Power Professional Committee Established; 10 Key Projects Unveiled
On April 3, at the 2026 Space Computing Power Industry Conference, the "Space Computing Power Professional Committee" of the Computing Power Industry Development Consortium was established. Yicai reporters learned on site that the conference released ten key research projects that day, covering critical technologies at the satellite platform level, chip level, payload board level, networking and operations level, hardware system level, system software level, industrial application level, cross-structural level, cross-launch vehicle level, and cross-thermal management level, and that joint research collaboration will be carried out with industry participants.
Apr 3, 2026 16:06
Data: SHFE, DCE market movement (Apr 03)
Apr 3, 2026 15:49
Data: SHFE, DCE market movement (Apr 03)
Read More
Data: SHFE, DCE market movement (Apr 03)
Data: SHFE, DCE market movement (Apr 03)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Apr , 2026
Apr 3, 2026 15:49
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Apr 3, 2026 15:02
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Read More
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Nvidia Invests $2 Bln in Marvell for Silicon Photonics Tech Cooperation
Nvidia (NVDA.O) said it has invested $2 billion in Marvell Technology (MRVL.O), and the two sides plan to cooperate in the field of silicon photonics technology. Silicon photonics technology enables high-speed, energy-efficient data transmission, with its two common application fields being artificial intelligence and cloud computing. Nvidia Chief Executive Officer Huang Renxun said in a statement on Tuesday: “By joining forces with Marvell, we enable clients to leverage Nvidia’s AI infrastructure ecosystem and build dedicated AI computing capabilities at scale.”
Apr 3, 2026 15:02
SMM Tin Market Morning Review (2015-4-8) - Shanghai Metals Market (SMM)