SMM Tin Market Morning Review (2015-6-18)

Published: Jun 18, 2015 09:20

Save

LME tin prices started at USD 14,700/mt Wednesday and closed USD 140/mt higher at USD 14,750/mt.

SHANGHAI, Jun. 18 (SMM) – LME tin prices started at USD 14,700/mt Wednesday and closed USD 140/mt higher at USD 14,750/mt, with high end price at USD 14,835/mt and low end at USD 14,595/mt. Trading volumes were 146 lots and positions fell by 715 to 19,182. LME tin inventories dropped 715 mt to 6,715 mt.

The Fed held the benchmark interest rate unchanged following June’s policy meeting, but reiterated that the US economy is recovering. The US dollar index dropped.

LME tin prices have found solid support from USD 14,600/mt Spot tin prices in Chinese market may hold steady at RMB 112,000-114,000/mt on limited low-priced goods.

lme tin prices spot 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

Sep 11, 2026 18:30

Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns

On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.

Sep 11, 2026 18:30

Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges

Market offers from ore traders remained limited this week, while winter stocking demand persisted. Some Chinese smelters continued to inquire about and procure imported concentrates for Q4, with market treatment charges remaining at low levels.

Sep 11, 2026 18:30

Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges

According to SMM, a zinc mine in Northwest China offered a September self-pickup tender price of around -RMB 2,800/metal tonne this week. SMM will continue to monitor changes in treatment charges.

Sep 11, 2026 18:30