SMM Tin Market Daily Review (2015-7-10)-Shanghai Metals Market

Hot Keywords

  • Silicon
  • Inventory data
  • Nickel
  • Aluminium
  • 铜管/铜管
  • Copper scrap
  • Rare earth
  • MMi Iron Ore Port Index
  • Macroeconomics
  • Market commentary
  • Copper
  • Zinc
  • provisional iron ore export permits
  • Evening comments
  • Futures movement

SMM Tin Market Daily Review (2015-7-10)

Price Review & Forecast 10:07:15AM Jul 13, 2015 Source:SMM

SHANGHAI, Jul. 13 (SMM) –Last Friday, SHFE 1509 tin contract opened at RMB 109,420/mt, and hovered around RMB 108,970/mt for most of the day. The contract fell slightly at the tail of the day as longs exited, and ended up RMB 40/mt or 0.04% at RMB 107,840/mt. Trading volumes were up 418 lots to 3,844 lots, and positions were up 240 to 2,666. The contract should meet resistance at RMB 111,000/mt tonight.    

In Shanghai spot tin market, spot prices rose to RMB 111,000-113,000/mt on July 10. Supply was tight. Trading cooled a little. Goods from Yunnan Tin Group were offered at RMB 113,000/mt. 




Key Words:  Shanghai tin prices 

SMM Tin Market Daily Review (2015-7-10)

Price Review & Forecast 10:07:15AM Jul 13, 2015 Source:SMM

SHANGHAI, Jul. 13 (SMM) –Last Friday, SHFE 1509 tin contract opened at RMB 109,420/mt, and hovered around RMB 108,970/mt for most of the day. The contract fell slightly at the tail of the day as longs exited, and ended up RMB 40/mt or 0.04% at RMB 107,840/mt. Trading volumes were up 418 lots to 3,844 lots, and positions were up 240 to 2,666. The contract should meet resistance at RMB 111,000/mt tonight.    

In Shanghai spot tin market, spot prices rose to RMB 111,000-113,000/mt on July 10. Supply was tight. Trading cooled a little. Goods from Yunnan Tin Group were offered at RMB 113,000/mt. 




Key Words:  Shanghai tin prices