LME Tin to Stay Firm (2017-2-13)

Feb 13, 2017 10:03

Source:SMM

LME tin will move at USD 19,300-19,650/mt and SHFE 1705 tin will fluctuate between RMB 147,000-149,000/mt.

SHANGHAI, Feb. 13 (SMM) – LME tin is expected to stay firm on Monday and will move at USD 19,300-19,650/mt. SHFE 1705 tin advanced sharply on last Friday’s night trading with position closing by shorts and finally closed at RMB 148,300/mt. The contract will fluctuate between RMB 147,000-149,000/mt on Monday.

In China’s domestic market, some smelters will rush to sell goods at high prices and goods under hedging will be hard to sell. Smelters are expected to start shipment. Quiet demand will restrain any growth in spot tin. Spot tin will trade at RMB 146,500-148,500/mt on Monday.

SHFE tin

LEM tin

tin prices

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

LME Tin to Stay Firm (2017-2-13)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025