SMM Tin Weekly Price Review and Forecast (May 11-15, 2015)

Published: May 11, 2015 16:07

Save

SHFE 1507 tin contract jumped to RMB 125,910/mt as large number bulls entered, but fell back to RMB 121,000/mt later in the week.

SHANGHAI, May 11 (SMM) – SHFE 1507 tin contract jumped to RMB 125,910/mt as large number bulls entered, but fell back to RMB 121,000/mt later in the week. The price rise was driven largely by hopes for stimulus measures from the Chinese government. In domestic spot market, trading was thin. Mainstream traded prices were RMB 121,000-123,000/mt, but dropped to RMB 120,000-122,000/mt last Friday, tracking SHFE tin.

SHFE 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

5 mins ago

[SMM Nickel Midday Commentary] Nickel prices rebounded on March 18, and the US Fed may be more inclined to remain silent this week

5 mins ago

19 hours ago

Data: SHFE, DCE market movement (Mar 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Mar , 2026

19 hours ago

22 hours ago

Nickel Prices Decline as Supply Holds Firm and Stainless Steel Demand Weakens

[SMM Nickel Flash] March 17 News. Supply side, some smelters held firm on quotations, but amid the futures decline and stainless steel finished product prices coming under pressure, some traders feared buying at elevated levels. Demand side, terminal demand remained weak and struggled to accept high prices for stainless steel finished products. Meanwhile, the cost advantage of steel scrap widened, and steel mills' willingness to procure high-grade NPI turned sluggish again.

22 hours ago