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Home / Metal News / Shanghai Spot Tin Prices to Take Hit (2016-4-27)

Shanghai Spot Tin Prices to Take Hit (2016-4-27)

iconApr 27, 2016 09:33
In Shanghai spot tin market, mainstream traded prices will fall to RMB 110,500-112,000/mt on Wednesday, due to weak SHFE tin, t

SHANGHAI, Apr. 27 (SMM) –In Shanghai spot tin market, mainstream traded prices will fall to RMB 110,500-112,000/mt on Wednesday, due to weak SHFE tin, tight cash at month’s end and possible inflow of hedged goods.

SHFE 1605 tin will consolidate at RMB 107,500-109,500/mt today.  

LME tin will test resistance at USD 17,500/mt, and support at USD 17,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-27)




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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