LME Tin to Move Down (2016-5-25)

Published: May 25, 2016 09:20

Save

LME tin will look for floor at USD 15,500/mt on Wednesday.

SHANGHAI, May 25 (SMM) –LME tin will look for floor at USD 15,500/mt on Wednesday.

SHFE 1609 tin met resistance at the 5-day moving average during Tuesday’s night session, and should range RMB 104,000-106,000/mt today.

In Shanghai spot tin market, mainstream traded prices will stabilize at RMB 106,500-108,500/mt, with buyers sourcing only as needed.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-25)

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 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

24 mins ago

Danantara Begins $5.8B Aluminum Smelter Project in West Kalimantan

[SMM Aluminum Express News] Danantara officially began construction on a major aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan, on February 6, 2026. The total investment is Rp 87.7 trillion. The project, managed by Inalum and Antam, will have a 1-million-ton annual capacity.

24 mins ago

17 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]

17 hours ago

18 hours ago

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

18 hours ago