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Home / Metal News / SHFE Tin to Move in Wide Ranges (2015-12-28)

SHFE Tin to Move in Wide Ranges (2015-12-28)

iconDec 28, 2015 10:00
SHFE 1605 tin was range-bound during last Friday’s night session, but will swing more wildly between RMB 93,500-94,500/mt on Monday

SHANGHAI, Dec. 28 (SMM) – SHFE 1605 tin was range-bound during last Friday’s night session, but will swing more wildly between RMB 93,500-94,500/mt on Monday. 

See forecast for other base metals, please click: Base Metals to See Light Trading in Pre-holiday Week, with Firm Prices, SMM Says

Growing supply will put downward pressure in spot tin prices in Shanghai. But stable SHFE aluminum will put a floor. Mainstream traded prices are expected at RMB 95,500-97,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-28)





LME tin prices
SHFE tin prices
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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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