Home / Metal News / Shanghai Spot Tin Prices to Rise (2016-7-13)

Shanghai Spot Tin Prices to Rise (2016-7-13)

iconJul 13, 2016 09:26
Market will eye China June trade data and the central bank of Canada’s July policy meeting today.

SHANGHAI, Jul. 13 (SMM) – Market will eye China June trade data and the central bank of Canada’s July policy meeting today. LME tin should consolidate test resistance at USD 18,200/mt. 

SHFE 1609 tin saw big volatility during Tuesday’s night session and should move at RMB 118,000-120,000/mt today.  

In Shanghai spot tin market, strong SHFE tin will push mainstream traded prices up to RMB 117,000-119,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-13)




​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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news