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Home / Metal News / [Sn Price] SMM Tin Market Morning Review (2015-7-22)

[Sn Price] SMM Tin Market Morning Review (2015-7-22)

Jul 22, 2015 09:42

Source:SMM

LME tin opened at USD 15,500/mt on Tuesday.

SHANGHAI, Jul. 22 (SMM) –LME tin opened at USD 15,500/mt on Tuesday. The metal touched day’s high of USD 15,600/mt and day’s low of USD 15,300/mt before closing down USD 225/mt at USD 15,300/mt. Trading volumes were down 64 lots to 337 lots, and positions were down 56 to 18,877. Inventories were unchanged at 7,325 mt. US June existing home sales data and minutes for Bank of England’s policy meeting will be eyed today. LME tin is expected to test support at USD 15,000/mt on Wednesday.

SHFE 1509 tin contract should move at RMB 110,000-112,000/mt on Wednesday. In Shanghai spot market, mainstream traded prices are expected to hold stable at RMB 111,000-113,000/mt.

Sn price

LME tin prices

Shanghai tin prices

For queries, please contact William Gu at williamgu@smm.cn

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SMM’s survey of major Chinese tin smelters over their opinions on this week’s price outlook shows the following results.

Sep 6, 2016 09:59

SMM Comments

SHFE 1609 Tin Ends with Small Gains (2016-8-12)

On Thursday’s night trading, SHFE 1609 tin opened at RMB 123,180/mt, and ended at RMB 123,720/mt.

Aug 12, 2016 19:11

SMM Comments

SHFE Tin Poised for More Gains (2016-8-10)

SHFE 1609 tin rose during Tuesday’s night trading due to long buying, and will rise further to RMB 123,000-125,500/mt today.

Aug 10, 2016 09:33

SMM Comments

45% Chinese Tin Smelters Expect Tin Prices to Rise further This Week, SMM Survey

SMM’s survey of major Chinese tin smelters over their opinions on this week’s price outlook shows the following results.

Jul 5, 2016 09:44

SMM Comments

SHFE Tin to Stay Weak (2016-6-23)

Caution will prevail before result of UK referendum. LME tin will consolidate at USD 17,000-17,150/mt today.

Jun 23, 2016 09:36

SMM Comments

SHFE 1609 Tin Ends Down (2016-6-15)

On Tuesday’s night trading, SHFE 1609 tin dropped to RMB 111,020/mt due to profit-taking by longs after opening at RMB 111,640/mt, and ended at RMB 111,300/mt.

Jun 15, 2016 19:20

SMM Comments

SHFE 1609 Tin Ends with Small Gains (2016-6-14)

On Monday’s night trading, SHFE 1609 tin moved below RMB 112,000/mt for most of the time after opening at RMB 112,000/mt, briefly touching RMB 112,070/mt.

Jun 14, 2016 20:25

SMM Comments

SHFE 1609 Tin Ends with Slim Gains (2016-5-20)

On Thursday’s night trading, SHFE 1609 tin opened at RMB 106,440/mt, and ended at RMB 106,930/mt.

May 20, 2016 17:13

SMM Comments

About 30% of Chinese Tin Smelters Bullish toward Tin Prices This Week: SMM Survey

About 30% of Chinese tin smelters surveyed by SMM expect tin prices to rise this week.

Apr 6, 2016 10:32

SMM Comments

Shanghai Spot Tin Prices to Hold Firm (2016-2-24)

In Shanghai spot tin market, mainstream traded price are expected to hold firm between RMB 104,500-107,000/mt due to improved market sentiment amid rising SHFE tin prices.

Feb 24, 2016 09:48

SMM Comments

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[Sn Price] SMM Tin Market Morning Review (2015-7-22)

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