SHFE tin 2210 contract stabilised this morning. The upstream smelters weakly held prices firm. The sources of goods were slightly higher than the previous period.

The production in the upstream mainstream smelters stabilised. Guangxi gradually resumed production from power rationing. The increase in processing fees has stimulated the enthusiasm of smelters to produce, and some companies have reopened primary ore production lines. The output is expected to increase on the month in October.

On Friday, SHFE 1709 tin fell to RMB 143,270/mt after opening at RMB 144,070/mt.

LME tin should test resistance at USD 20,900/mt today and support at USD 20,000/mt.

During Monday’s night session, SHFE 1709 tin moved mainly around RMB 144,900/mt.  

Mainstream traded prices in Shanghai were 143,500-145,500 yuan per tonne this morning, with trading quiet.

During Thursday’s night session, SHFE 1709 tin fell to around RMB 144,400/mt after a low opening.  

SHFE 1709 tin followed other base metals up to around RMB 145,000/mt during Wednesday’s night session. 

On Thursday’s night session, SHFE 1709 tin moved mainly between RMB 146,900-147,400/mt. 

On Thursday, SHFE 1709 tin broke through RMB 147,400/mt, but then fell back to around RMB 146,700/mt.