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Home / Metal News / LME Tin to Look for Support (2016-3-10)

LME Tin to Look for Support (2016-3-10)

Mar 10, 2016 09:39

Source:SMM

LME tin should test support at USD 16,200/mt during Asian trading hours Thursday.

SHANGHAI, Mar. 10 (SMM) – LME tin should test support at USD 16,200/mt during Asian trading hours Thursday.

SHFE 1605 tin will fluctuate between RMB 108,000-112,000/mt on Mar. 10 with fierce competition between shorts and longs. The stable SHFE tin prices help curb looses for spot tin prices and spot tin should trade between RMB 110,000-113,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-10)

LME tin prices

SHFE tin prices

Sn price

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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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LME Tin to Look for Support (2016-3-10)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025