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Home / Metal News / SHFE Tin to Extend Gains (2015-12-22)

SHFE Tin to Extend Gains (2015-12-22)

iconDec 22, 2015 09:37
SHFE 1601 tin rose during Monday’s night session, and should remain strong between RMB 97,500-99,500/mt on Tuesday.

SHANGHAI, Dec. 22 (SMM) – SHFE 1601 tin rose during Monday’s night session, and should remain strong between RMB 97,500-99,500/mt on Tuesday.  

Trading will wane on the LME due to approaching Christmas holiday, and LME tin should be range-bound.  

See forecast for other base metals, please click: Shanghai Base Metal Price to Rise, with Stronger Tin, SMM Says

In Shanghai spot tin market, supply will tighten further, and this will push prices up to RMB 98,000-99,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-22)






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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