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Home / Metal News / SHFE Tin to Hover at Lows (2016-5-10)

SHFE Tin to Hover at Lows (2016-5-10)

May 10, 2016 09:46

SHFE 1609 tin extended declines during Monday’s night session, and should hover at lows of RMB 108,000-110,000/mt on Tuesday.

SHANGHAI, May 10 (SMM) – SHFE 1609 tin extended declines during Monday’s night session, and should hover at lows of RMB 108,000-110,000/mt on Tuesday.

LME tin will look for support at USD 17,000/mt or USD 16,700/mt.

In Shanghai spot tin market, mainstream traded prices will follow SHFE tin down to RMB 110,000-113,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-10)

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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SHFE 1709 tin was range-bound during Tuesday’s night session, and ended at RMB 141,490/mt.

May 17, 2017 17:06

SMM Comments

SHFE 1709 Tin Ends with Big Gains (2017-5-17)

Shanghai Spot Tin Prices to Drop (2016-8-18)

The US dollar will remain weak as minutes of the US Fed’s latest meeting showed no strong stance of rate hike.

Aug 18, 2016 09:34

SMM Comments

SHFE Tin to Hold Firm (2016-8-17)

Market will eye minutes of the US Fed’s latest policy meeting. LME tin will test support at USD 18,000/mt.

Aug 17, 2016 09:17

SMM Comments

SHFE Tin to Remain under Downward Pressure (2016-8-4)

It is widely expected that the BOE will cut interest rate during its August meeting. LME tin will test resistance at USD 18,200/mt.

Aug 4, 2016 09:35

SMM Comments

SHFE Tin to Face Downward Pressure (2016-7-6)

SHFE 1609 tin continued falling during Tuesday’s night session and should move at RMB 115,000-118,000/mt today.

Jul 6, 2016 09:20

SMM Comments

SHFE 1609 Tin Ends with Big Gains (2016-7-4)

On last Friday’s night trading, SHFE 1609 tin jumped to RMB 122,070/mt after opening at RMB 119,000/mt, and ended at RMB 121,100/mt.

Jul 4, 2016 17:35

SMM Comments

Tin Sees Largest Daily Gain on Jul. 4, SMM Reports

Prices of SMM #1 tin are up 8,750 yuan per tonne on Jul. 4, the record-high daily gain, Shanghai Metals Market reports.

Jul 4, 2016 10:54

Industry

SHFE Tin to Face Downward Corrections (2016-7-4)

US market is closed today for the Independence Day.

Jul 4, 2016 09:27

SMM Comments

SHFE 1609 Tin Ends with Big Gains (2016-6-30)

On Wednesday’s night trading, SHFE 1609 tin opened at RMB 112,000/mt, and closed at RMB 112,060/mt.

Jun 30, 2016 18:01

SMM Comments

LME Tin to Remain under Downward Pressure (2016-5-20)

LME tin will remain under downward pressure and test support at USD 16,300/mt on Friday.

May 20, 2016 09:32

SMM Comments

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SHFE Tin to Hover at Lows (2016-5-10)

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