Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Tight Supply to Support Shanghai Spot Tin Prices (2016-8-2)

Tight Supply to Support Shanghai Spot Tin Prices (2016-8-2)

Aug 2, 2016 09:40

Source:SMM

In Shanghai spot tin market, tightening supply are allowing suppliers to hold offers firm, with mainstream traded prices expected at RMB 119,500-121,000/mt.

SHANGHAI, Aug. 2 (SMM) –In Shanghai spot tin market, tightening supply are allowing suppliers to hold offers firm, with mainstream traded prices expected at RMB 119,500-121,000/mt. Spot discounts will reverse into premiums over SHFE 1608 tin.

SHFE 1609 tin was hit by short selling during last Monday’s night session, and will move between RMB 118,400-120,000/mt today.

LME tin will move between USD 17,500-18,200/mt, with eyes on the Reserve Bank of Australia’s meeting.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-2)

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

LME tin will remain range-bound between USD 19,200-19,700/mt due to strong market caution before result of the US Fed and Bank of Japan’s policy meetings.

Sep 21, 2016 09:29

SMM Comments

LME Tin to Face Pains from Firmer Dollar (2016-9-19)

LME tin will remain weak and will test support at USD 19,000/mt on Monday

Sep 19, 2016 09:37

SMM Comments

LME Tin to Stay Weak (2016-9-13)

LME tin will test support at the 20-day moving average.

Sep 13, 2016 09:34

SMM Comments

SHFE 1609 Tin Closed with Increase (2016-8-16)

SHFE 1609 tin opened high at RMB 122,320/mt overnight, and closed at RMB 123,400/mt.

Aug 16, 2016 17:44

SMM Comments

LME Tin to Consolidate at Highs (2016-7-12)

LME tin should consolidate at highs, with resistance at USD 18,200/mt and support at USD 17,500/mt.

Jul 12, 2016 09:35

SMM Comments

SHFE Tin Set for Gains (2016-7-7)

SHFE 1609 tin should rise to RMB 117,000-120,000/mt today with support at RMB 115,000/mt.

Jul 7, 2016 09:18

SMM Comments

SHFE Tin to Hover at Highs (2016-6-1)

SHFE 1609 tin should fluctuate at highs of RMB 107,500-109,500/mt today.

Jun 1, 2016 11:14

SMM Comments

SHFE Tin Extends Declines (2016-3-31)

Short selling sent SHFE 1605 tin down to RMB 103,010/mt on Thursday after opening at RMB 105,240/mt.

Mar 31, 2016 17:37

SMM Comments

SHFE Tin Ends with Big Loss (2016-3-30)

Short selling sent SHFE 1605 tin down to RMB 105,060/mt on Wednesday.

Mar 30, 2016 17:36

SMM Comments

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

Mar 30, 2016 09:26

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

Tight Supply to Support Shanghai Spot Tin Prices (2016-8-2)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025