SMM Tin Weekly Price Review and Forecast (Apr. 13-15, 2015)

Apr 13, 2015 16:56

SHFE 1507 tin contract touched a session low of RMB 115,320/mt last Thursday night as investors opened about 1,000 short positions.

SHANGHAI, Apr. 13 (SMM) – SHFE 1507 tin contract touched a session low of RMB 115,320/mt last Thursday night as investors opened about 1,000 short positions. The most active contract ended Thursday down RMB 1,830/mt on a weekly basis at RMB 116,790/mt.

In Shanghai spot tin market, prices moved all the way down, especially Thursday and Friday. Mainstream traded prices dropped to RMB 114,000-115,500/mt last Friday. The price decline was due to growing supply of cheap goods from Jiangxi and price cuts by large smelters.

SHFE tin prices

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday 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.

SMM Tin Weekly Price Review and Forecast (Apr. 13-15, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025