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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)

Dec 15, 2015 09:40

Source: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.

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

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LME tin will remain range-bound between USD 19,200-19,700/mt due to strong market caution before result of the US Fed and Bank of Japan’s policy meetings.

Sep 21, 2016 09:29

SMM Comments

LME Tin to Face Pains from Firmer Dollar (2016-9-19)

LME tin will remain weak and will test support at USD 19,000/mt on Monday

Sep 19, 2016 09:37

SMM Comments

LME Tin to Stay Weak (2016-9-13)

LME tin will test support at the 20-day moving average.

Sep 13, 2016 09:34

SMM Comments

SHFE 1609 Tin Closed with Increase (2016-8-16)

SHFE 1609 tin opened high at RMB 122,320/mt overnight, and closed at RMB 123,400/mt.

Aug 16, 2016 17:44

SMM Comments

Tight Supply to Support Shanghai Spot Tin Prices (2016-8-2)

In Shanghai spot tin market, tightening supply are allowing suppliers to hold offers firm, with mainstream traded prices expected at RMB 119,500-121,000/mt.

Aug 2, 2016 09:40

SMM Comments

LME Tin to Consolidate at Highs (2016-7-12)

LME tin should consolidate at highs, with resistance at USD 18,200/mt and support at USD 17,500/mt.

Jul 12, 2016 09:35

SMM Comments

SHFE Tin Set for Gains (2016-7-7)

SHFE 1609 tin should rise to RMB 117,000-120,000/mt today with support at RMB 115,000/mt.

Jul 7, 2016 09:18

SMM Comments

SHFE Tin to Hover at Highs (2016-6-1)

SHFE 1609 tin should fluctuate at highs of RMB 107,500-109,500/mt today.

Jun 1, 2016 11:14

SMM Comments

SHFE Tin Extends Declines (2016-3-31)

Short selling sent SHFE 1605 tin down to RMB 103,010/mt on Thursday after opening at RMB 105,240/mt.

Mar 31, 2016 17:37

SMM Comments

SHFE Tin Ends with Big Loss (2016-3-30)

Short selling sent SHFE 1605 tin down to RMB 105,060/mt on Wednesday.

Mar 30, 2016 17:36

SMM Comments

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