SHFE Tin to Trade in Wide Range (2017-8-3)

Published: Aug 3, 2017 09:33

Save

LME tin will test support at USD 20,400/mt today.

SHANGHAI, Aug. 3 (SMM) –LME tin will test support at USD 20,400/mt today. SHFE 1709 tin found support at the 20-day moving average overnight as there were signs of short covering, and should move mainly at RMB 146,000-148,000/mt today.

In Shanghai spot tin market, stabilizing SHFE tin will support mainstream traded prices at RMB 146,000-147,500/mt today.

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 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

16 mins ago

The most-traded SHFE tin contract edged lower at the open in the night session before fluctuating upward and rebounding, while downstream enterprises mainly purchased to restock for phased rigid production demand [SMM Tin Morning Brief]

[SMM Tin Morning Briefing: The Most-Traded SHFE Tin Contract Opened Slightly Lower in the Night Session and Then Fluctuated Higher, While Downstream Enterprises Mainly Purchased to Restock for Phased Production Needs]

16 mins ago

17 hours ago

Data: SHFE, DCE market movement (Apr 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Apr , 2026

17 hours ago

21 hours ago

Lack of Clear Guidance on the Geopolitical Situation, Repeated Swings in Macro Sentiment Put Futures Under Pressure Again [SMM Tin Midday Commentary]

[SMM Tin Midday Commentary: The Geopolitical Situation Lacks Clear Guidance, and Repeated Swings in Macro Sentiment Put Futures Under Pressure Again]

21 hours ago