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SHFE Tin to Consolidate Between 116,000-122,000 yuan (May 25-29, 2015)

Published: May 25, 2015 10:47
SHFE 1507 tin contract fell to 114,000-119,000 yuan/tonne last week and is expected to move between 116,000-122,000 yuan/tonne in the week beginning May 25.

SHANGHAI, May 25 (SMM) –SHFE 1507 tin contract fell to 114,000-119,000 yuan/tonne last week and is expected to move between 116,000-122,000 yuan per tonne in the week beginning May 25.

Tin prices in China’s domestic market will draw support from low market availability. But soft demand will act as a brake against price rise. 
 
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SHFE tin pricesChina 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.

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SHFE Tin to Consolidate Between 116,000-122,000 yuan (May 25-29, 2015) - Shanghai Metals Market (SMM)