SHFE Tin to Move Lower (2017-3-21)

Mar 21, 2017 09:43

Source:SMM

LME tin will drop slightly to USD 20,000-20,400/mt on Tuesday and SHFE 1705 tin will move at RMB 144,500-147,000/mt.

SHANGHAI, Mar. 21 (SMM) – LME tin dropped from highs on Monday’s night trading and found support from USD 20,000/mt and falling inventory. But, falling nonferrous metals weigh down LME tin and the contract will drop slightly to USD 20,000-20,400/mt on Tuesday. SHFE 1705 tin opened higher on Monday’s night trading but declined and will move at RMB 144,500-147,000/mt on Tuesday.

In China’s domestic market, spot tin should trade at RMB 144,000-146,000/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 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 to Move Lower (2017-3-21)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025