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 (2015-4-15)

SMM Tin Market Morning Review (2015-4-15)

iconApr 15, 2015 09:43
Source:SMM
LME tin opened at USD 16,135/mt on Tuesday.
SHANGHAI, Apr. 15 (SMM) –LME tin opened at USD 16,135/mt on Tuesday. The metal touched day’s high of USD 16,400/mt and day’s low of USD 15,865/mt before closing up USD 250/mt at USD 16,300/mt. Trading volumes fell by 122 lots to 200 lots, with positions down 591 to 19,597. Inventories fell by 25 mt to 9,715 mt. The US dollar lost ground due to disappointing US economic data. Crude oil prices rose. This, plus exit of bears, allowed LME tin to rise. However, market sentiment remains poor, so LME tin should remain weak between USD 16,100-16,500/mt on Wednesday.
 
SHFE 1507 tin contract gained RMB 1,670/mt to RMB 113,970/mt on Tuesday night, tracking LME tin. Trading volumes dropped 2,740 lots to 2,848 lots, while positions down to 1,692. The most active contract lacks sustainable upward momentum, with prices expected between RMB 112,500-116,500/mt on Wednesday. 
 
In domestic spot market, trading activity is expected to pick up today. Mainstream traded prices should stabilize between RMB 112,500-116,500/mt. 
 
 
LME tin prices
Shanghai 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.