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Home / Metal News / LME Tin to Remain Range-Bound (2016-9-21)

LME Tin to Remain Range-Bound (2016-9-21)

Sep 21, 2016 09:29

Source:SMM

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.

SHANGHAI, Sep. 21 (SMM) –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.

SHFE 1701 tin will move between RMB 123,500-125,500/mt today.

In Shanghai spot tin market, mainstream traded prices are expected to drop to RMB 124,500-126,000/mt due to possible inflows of deliverable goods.

Key Macroeconomic Indicators for Base Metal Prices (2016-9-21)

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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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

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

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.

Aug 2, 2016 09:40

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

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LME Tin to Remain Range-Bound (2016-9-21)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025