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

Published: Mar 14, 2017 09:38

Save

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.

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 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

4 hours ago

Data: SHFE, DCE market movement (Apr 08)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 Apr , 2026

4 hours ago

8 hours ago

Geopolitical Tensions Released Easing Signals, Spot Trades Slowed Down After Tin Prices Strengthened [SMM Tin Midday Review]

[SMM Tin Midday Review: Geopolitical Tensions Release Easing Signals, Tin Prices Strengthen While Spot Trades Turn Sluggish]

8 hours ago

China's Electronic Info Manufacturing Surges in Jan-Feb: Strong Growth

According to the Ministry of Industry and Information Technology, from January to February this year, China's electronic information manufacturing industry saw rapid production growth, recovering exports, significantly improved profitability, and accelerating investment growth. Data showed that from January to February, the value added of electronic information manufacturers above designated size grew 14.2% YoY, with the YoY growth rate exceeding that of the overall industrial sector and the high-tech manufacturing sector by 7.9 and 1.1 percentage points, respectively. Over the first two months, electronic information manufacturers above designated size achieved operating revenue of 2.63 trillion yuan, up 14.3% YoY. The cumulative export delivery value increased 1.2% YoY, and fixed asset investment in the electronic information manufacturing industry grew 1.2% YoY.

8 hours ago