SMM Tin Market Daily Review (2015-5-13)

Published: May 14, 2015 09:20

Save

SHFE 1507 tin contract opened at RMB 120,800/mt on Wednesday.

SHANGHAI, May 14 (SMM) –SHFE 1507 tin contract opened at RMB 120,800/mt on Wednesday. The contract fell back after rising to RMB 121,100/mt, but then rallied to close RMB 730/mt higher at RMB 120,700/mt. Trading volumes totaled 10,418 lots, and positions were down 346 to 7,156.

Tin prices in Shanghai spot market tracked SHFE tin down to RMB 119,000-120,500/mt on Wednesday. Goods from Yunnan Tin Group traded between RMB 120,000-120,500/mt. Downstream buyers showed little interest.

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 for 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

25 mins ago

SHFE tin closed at 414,050 (-2.18%) overnight, with both longs and shorts cautious ahead of the September 11 CPI data release [SMM Tin Morning News]

[SMM tin morning news: SHFE tin closed overnight at 414,050 (-2.18%), with both bulls and bears cautious ahead of the September 11 CPI data release.

25 mins ago

27 mins ago

SHFE tin daytime session +1.87%, night session -2.18%, September rate hike probability rises to 69.8% [SMM Tin Morning Meeting Summary]

[SMM Morning Meeting Summary: SHFE tin daytime session +1.87%, night session -2.18%, September rate hike probability rises to 69.8%]

27 mins ago

17 hours ago

Data: SHFE, DCE market movement (Sep 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Sep , 2026

17 hours ago