SHFE Tin Prices down 0.85% (2017-3-7)

Mar 7, 2017 17:40

SHFE 1705 tin opened at RMB 145,250/mt and closed at RMB 144,390/mt, down RMB 1,240/mt or 0.85%.

SHANGHAI, Mar. 7 (SMM) – SHFE 1705 tin moved at lows on Monday’s nigh trading and closed at RMB 145,320/mt.

On Tuesday, SHFE 1705 tin opened at RMB 145,250/mt and then declined as shorts strengthened, down as low as RMB 143,750/mt. The contract closed at RMB 144,390/mt, down RMB 1,240/mt or 0.85%. Trading volumes were down 902 to 15,228 lots and positions were up 1,104 to 13,716. Commodities declined across the board on Tuesday. China reduced GDP growth target for 2017 and base metals declined. SHFE 1705 tin dropped below RMB 145,000/mt.

SHFE 1705 tin will keep falling to RMB 142,000/mt on Tuesday’s night trading.

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.

SHFE Tin Prices down 0.85% (2017-3-7)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025