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Home / Metal News / LME Tin to Advance further (2016-9-26)

LME Tin to Advance further (2016-9-26)

Sep 26, 2016 09:38

Market will eye US GDP this week. LME tin will rise further to test resistance at USD 19,700/mt.

SHANGHAI, Sep. 26 (SMM) – Market will eye US GDP this week. LME tin will rise further to test resistance at USD 19,700/mt.

SHFE 1701 tin will move at highs of RMB 126,000-128,000/mt.

In Shanghai spot tin market, mainstream traded prices are expected to hold firm at RMB 126,500-127,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-9-26)

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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Base metals mostly finished higher in overnight trading, but price divergence and big resistance at the upper hand were obvious during the trading.

May 18, 2017 09:21

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (May 18, 2017)

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

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

LME Tin to Perform Better than SHFE Tin (2016-8-25)

LME tin will rise to USD 19,200/mt if it finds holds onto USD 18,600/mt mark.

Aug 25, 2016 09:40

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

SHFE 1609 Tin Ends with Big Gains (2016-8-8)

Last Friday’s night trading, SHFE 1609 tin fell after opening at RMB 120,340/mt, and ended at RMB 120,010/mt.

Aug 8, 2016 16:56

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

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LME Tin to Advance further (2016-9-26)

SMM Events & Webinars

2026 SMM (21th) Lead & Zinc Conference and Industry Expo

2026 (3rd) NET ZERO MEA - Solar & Energy Storage Summit

CLNB 2026 - The 11th New Energy Industry Chain Expo