SHFE Tin Experiences Roller Coaster Ride (2016-3-8)

Published: Mar 8, 2016 17:35

Save

SHFE 1605 tin experienced a roller coaster ride on Tuesday.

SHANGHAI, Mar. 8 (SMM) –SHFE 1605 tin experienced a roller coaster ride on Tuesday. Prices hit a high of RMB 117,600/mt before taking a nosedive to RMB 111,120/mt. The most active contract then recovered some losses as ferrous metals prices rose markedly. SHFE 1605 tin is expected to test resistance at RMB 117,600/mt during today’s night session as market sentiment remains bullish.

Sn price tin prices SHFE tin prices

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

16 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

16 hours ago

17 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

17 hours ago

Ningbo Xinlin Mold's Anhui Pilot Center for Mg-Al Alloy & Semi-Solid Molding Officially Operational

[SMM News] It was reported that the magnesium and aluminum alloy and semi-solid mold R&D pilot center of the Anhui Luan Die-casting Mold Plant No. 3 of Ningbo Xinlin Mold Technology Co., Ltd. was officially put into operation recently. The plant had commenced production in May 2024, and the launch of the pilot center marked a key breakthrough for Xinlin Mold in capacity layout, technological R&D, and market expansion, which will further strengthen its competitiveness in the high-end die-casting mold sector.

17 hours ago