SMM Tin Market Morning Review (2015-4-20)

Published: Apr 20, 2015 10:13

Save

LME tin opened at USD 14,680/mt last Friday.

SHANGHAI, Apr. 20 (SMM) –LME tin opened at USD 14,680/mt last Friday. The metal touched day’s high of USD 15,300/mt and day’s low of USD 13,600/mt before closing up USD 430/mt at USD 15,230/mt. Trading volumes rose by 242 lots to 1,295 lots, with positions up 867 to 20,162. Inventories fell by 25 mt to 9,655 mt. LME tin should test support at USD 14,000/mt on Monday.

SHFE 1507 tin contract should have little room to fall today, with prices expected between RMB 110,500-113,000/mt.

In domestic spot market, supply of cheap goods will tighten. Trading activity is expected to pick up as market sentiment is improving. Mainstream traded prices are expected between RMB 110,500-114,000/mt on Monday.

LME tin prices Shanghai tin prices

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

14 hours ago

Data: SHFE, DCE market movement (Apr 14)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 Apr , 2026

14 hours ago

Indonesia Revises Copper ore Pricing Formula to US$/WMT Effective April 2026

The Kementerian Energi dan Sumber Daya Mineral (ESDM) has officially confirmed that a revised base price (HPM) calculation formula for copper ore will take effect on April 15, 2026. The key change is that the HPM pricing unit for both copper ore and copper concentrate will be adjusted from the previous US dollars per dry metric ton (DMT) to US dollars per wet metric ton (WMT). The original calculation formula and all other parameters (including the CF of 12% for copper ore and the deduction rules for copper concentrate) remain unchanged.

14 hours ago

15 hours ago

SMM Is Pleased to Appoint External Consultant Marcio Goto as Regional Manager for Latin America

To further strengthen its market coverage and customer service capabilities in Latin America, Shanghai Metals Market (SMM) is pleased to announce the appointment of external consultant Mr. Marcio Goto, a senior mining engineer and mining economics expert, as Regional Manager for Latin America.

15 hours ago