LME Tin to Face Downward Pressure (2017-4-12)

Published: Apr 12, 2017 09:26

Save

LME tin will find support at USD 19,600/mt and SHFE 1705 tin will move at RMB 141,500-143,500/mt.

SHANGHAI, Apr. 12 (SMM) – LME tin rallied from lows on Tuesday’s night trading but will meet downward pressure for the near term. The contract will find support at USD 19,600/mt. SHFE 1705 tin declined further on Tuesday’s night trading and touched RMB 140,000/mt but finally closed above RMB 141,600/mt. SHFE 1705 tin will keep testing RMB 141,600/mt on Wednesday and will move at RMB 141,500-143,500/mt.

In China’s domestic market, spot tin should trade at RMB 141,000-143,000/mt on Wednesday.

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

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49