SHFE Tin to Remain Range-Bound Trading (2017-3-14)

Published: Mar 14, 2017 09:38
LME tin will stay range-bound trading on Tuesday with resistance at USD 19,500/mt and support at USD 19,000/mt. SHFE 1705 tin will move between RMB 143,500-146,000/mt.

SHANGHAI, Mar. 14 (SMM) – Eyes should be on China’s February retail sale and industrial data and US’s February PPI on Tuesday. LME tin will stay range-bound trading on Tuesday with resistance at USD 19,500/mt and support at USD 19,000/mt. SHFE 1705 tin dropped slightly on Monday’s night trading and will move between RMB 143,500-146,000/mt with lack of rising strength.

In China’s domestic market, spot tin should trade at RMB 143,000-145,000/mt on Tuesday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Announcement] Notice on the Discontinuation of Updates to South Korea’s Tin Materials Import and Export Data Points
9 hours ago
[SMM Announcement] Notice on the Discontinuation of Updates to South Korea’s Tin Materials Import and Export Data Points
Read More
[SMM Announcement] Notice on the Discontinuation of Updates to South Korea’s Tin Materials Import and Export Data Points
[SMM Announcement] Notice on the Discontinuation of Updates to South Korea’s Tin Materials Import and Export Data Points
[SMM Announcement] Notice on the Discontinuation of Data Updates for South Korea Tin Product Import and Export Data Points: Hello! Thank you for your continued attention to and support for SMM! The SMM Tin Industry Research Department has always been committed to providing the market with accurate, reliable, and representative data references. Recently, during our routine review and evaluation of tin product import and export data, we found that the scale of South Korea’s tin product exports and imports has remained at a low level, accounting for only a negligible share of overall tin product trade flows. Meanwhile, through our regular communication with the market, we learned that market attention to this data point has continued to decline. Due to the relatively small size and insufficient activity of this regional market, the sampling available for relevant data collection is limited, making it difficult to form effective and continuous statistics. At the same time, constrained by occasional sporadic transactions, fluctuations in this data point can no longer objectively and truthfully reflect the actual supply-demand relationship in the East Asian tin product market, and its significance as a market reference has been substantially diminished. After a comprehensive evaluation, in order to ensure that the data we provide has practical reference value for the market, we have decided that, effective March 5, 2026, we will officially stop updating all data points related to South Korea tin product imports and exports. We will continue to focus on the mainstream domestic tin market and regions overseas with higher activity, providing everyone with market information of greater reference value. Thank you again for your understanding and support!
9 hours ago
Data: SHFE, DCE market movement (Mar 05)
9 hours ago
Data: SHFE, DCE market movement (Mar 05)
Read More
Data: SHFE, DCE market movement (Mar 05)
Data: SHFE, DCE market movement (Mar 05)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 05 Mar , 2026
9 hours ago
Geopolitical and Macro Stimulus Repeatedly Intensified Market Sentiment and Fluctuations; Downstream Enterprises Mostly Stayed on the Sidelines [SMM Tin Midday Review]
13 hours ago
Geopolitical and Macro Stimulus Repeatedly Intensified Market Sentiment and Fluctuations; Downstream Enterprises Mostly Stayed on the Sidelines [SMM Tin Midday Review]
Read More
Geopolitical and Macro Stimulus Repeatedly Intensified Market Sentiment and Fluctuations; Downstream Enterprises Mostly Stayed on the Sidelines [SMM Tin Midday Review]
Geopolitical and Macro Stimulus Repeatedly Intensified Market Sentiment and Fluctuations; Downstream Enterprises Mostly Stayed on the Sidelines [SMM Tin Midday Review]
[SMM Tin Midday Review: Market Sentiment Repeatedly Intensified Fluctuations Amid Geopolitical and Macro Stimulus; Downstream Enterprises Mostly Remained on the Sidelines]
13 hours ago
SHFE Tin to Remain Range-Bound Trading (2017-3-14) - Shanghai Metals Market (SMM)