SHFE 1709 Tin Ends with Big Decline (2017-8-11)

Published: Aug 11, 2017 18:49

Save

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

SHANGHAI, Aug. 11 (SMM) – On Thursday’s night session, SHFE 1709 tin moved mainly between RMB 146,900-147,400/mt.

On Friday, SHFE 1709 tin dived to RMB 144,590/mt shortly after opening at RMB 146,600/mt. The most active contract then moved between RMB 145,500-146,000/mt before ending down RMB 1,730/mt or 1.17% at RMB 145,550/mt. Trading volumes increased 306 lots to 17,490 lots, and positions decreased 60 lots to 20,218 lots. SHFE 1709 tin has lost support at RMB 146,000/mt, but will see limited room for further decline. SHFE 1709 tin will find support at RMB 145,000/mt and meet resistance at RMB 147,500/mt.

Sn price tin prices SHFE 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