LME Tin to Fall Further (2017-8-16)

Published: Aug 16, 2017 09:45

Save

LME tin sank below all moving averages overnight and should fall further to test support at USD 19,600/mt today.

SHANGHAI, Aug. 16 (SMM) –LME tin sank below all moving averages overnight and should fall further to test support at USD 19,600/mt today. SHFE 1709 tin followed LME tin down overnight, but found support at RMB 143,000/mt, and should move mainly at RMB 143,000-146,000/mt today.

In Shanghai spot tin market, falling SHFE and LME tin will push mainstream traded prices down to RMB 143,500-145,000/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-16)

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

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