SHFE 1609 Tin Ends with Big Gains (2016-5-26)

Published: May 26, 2016 17:59

Save

On Wednesday’s night trading, SHFE 1609 tin opened at RMB 104,800/mt, and ended at RMB 105,220/mt.

SHANGHAI, May 26 (SMM) – On Wednesday’s night trading, SHFE 1609 tin opened at RMB 104,800/mt, and ended at RMB 105,220/mt.

On Thursday, SHFE 1609 tin started at RMB 105,260/mt, and ended the day up RMB 1,810/mt or 1.73% from previous trading day at RMB 106,500/mt. Trading volumes were up 2,904 lots to 18,336 lots, and positions were down 446 to 12,030. The most active contract will test resistance at the 10-day moving average tonight.

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

43 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.

43 mins ago

18 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]

18 hours ago

19 hours ago

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

19 hours ago