Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Tin to Face Downward Pressure (2017-5-9)

LME Tin to Face Downward Pressure (2017-5-9)

May 9, 2017 09:30

Market will eye a series of Chinese economic data today.

SHANGHAI, May 9 (SMM) –Market will eye a series of Chinese economic data today. LME tin will drop to USD 19,300/mt. SHFE 1709 tin stabilized around RMB 140,000/mt during Monday’s night session, but downward pressure remains. The contract should range RMB 139,000-141,500/mt today.

In Shanghai spot tin market, weak SHFE tin will push mainstream traded prices down to RMB 138,000-140,500/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-9)

LME tin prices

SHFE tin prices

tin prices

Sn price

base metal price forecast

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

LME tin will remain under downward pressure and test support at USD 16,300/mt on Friday.

May 20, 2016 09:32

SMM Comments

Brisk Trading Expected in Shanghai Spot Tin Market (2016-5-11)

Market will eye China April social financing and lending data.

May 11, 2016 09:59

SMM Comments

SHFE 1605 Tin Shoots Up (2016-4-21)

On Wednesday’s night trading, SHFE 1605 tin mainly moved between RMB 111,200-112,000/mt after opening at RMB 112,370/mt.

Apr 21, 2016 17:34

SMM Comments

SHFE Tin Extends Declines (2016-3-31)

Short selling sent SHFE 1605 tin down to RMB 103,010/mt on Thursday after opening at RMB 105,240/mt.

Mar 31, 2016 17:37

SMM Comments

SHFE Tin Ends with Big Loss (2016-3-30)

Short selling sent SHFE 1605 tin down to RMB 105,060/mt on Wednesday.

Mar 30, 2016 17:36

SMM Comments

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

Mar 30, 2016 09:26

SMM Comments

About 40% of Chinese Tin Smelters See Tin Prices Fall This Week: SMM Survey

About 40% of Chinese tin smelters surveyed by SMM expect tin prices to fall this week.

Mar 29, 2016 10:03

SMM Comments

SHFE Tin Prices to Rise further (2016-3-28)

SHFE 1605 tin jumped to RMB 112,820/mt during last Friday’s night session.

Mar 28, 2016 09:27

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2016-3-25)

UK and US financial markets are closed on Friday because of the Good Friday holiday.

Mar 25, 2016 09:14

SMM Comments

LME Tin to Lack further Upward Momentum (2016-3-24)

LME tin hit a new high yesterday, but rally of US dollar will deprive LME tin of further upward momentum.

Mar 24, 2016 09:18

SMM Comments

SMM Events & Webinars

All

Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China
Oct
22
- 2025 15th APAC Tin Industry Conference
  Oct 22 - 24,2025
  The 2025 Tin Industry Annual Conference will focus on "Opportunities and Challenges in a New Era.
  Yunnan · Gejiu

LME Tin to Face Downward Pressure (2017-5-9)

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025

2025 15th APAC Tin Industry Conference