[Sn Price] Shanghai Tin to Drift Lower Next Week, SMM Says

Aug 7, 2015 17:10

SHFE tin prices are expected to remain weak in this coming week, with price ranging between 106,000-110,000 yuan per tonne, Shanghai Metals Market foresees.

SHANGHAI, Aug. 7 (SMM) – SHFE tin prices are expected to remain weak in this coming week, with price ranging between 106,000-110,000 yuan per tonne, Shanghai Metals Market foresees.

“At present, there is a closer link between base metal prices and China’s stock market, and on the SHFE market, tin prices will continue to come under downward pressures,” SMM’s tin analyst says.

In China’s spot market, tin prices will fall to 108,000-110,000 yuan per tonne, SMM expects, explaining that the current off-demand season gives no boost to price recovery, in addition to a strong dollar.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

sn price

shfe tin prices

China tin prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

[Sn Price] Shanghai Tin to Drift Lower Next Week, SMM Says

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON