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Home / Metal News / Tin Prices in China to Extend Gains (2015-12-15)

Tin Prices in China to Extend Gains (2015-12-15)

iconDec 15, 2015 09:40
Tin prices in Shanghai spot market will rise further to RMB 87,500-89,000/mt on Tuesday, due to tight supply and strong SHFE tin.

SHANGHAI, Dec. 15 (SMM) – Tin prices in Shanghai spot market will rise further to RMB 87,500-89,000/mt on Tuesday, due to tight supply and strong SHFE tin.

SHFE 1601 tin moved higher during Monday’s night session, and should challenge resistance at RMB 90,000/mt today.

See forecast for other base metals, please click: Diverging Trends to Intensify in Base Metal Market, SMM Says

LME tin is expected to test support at USD 14,400/mt, with market cautious before the US Fed’s policy meeting. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-15)





​LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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.

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