Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

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

New Energy

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 / Decline in SHFE tin weaken spot trading in Shanghai

Decline in SHFE tin weaken spot trading in Shanghai

May 30, 2018 15:44

Source:SMM

Trading in the spot tin market in Shanghai weakened on Wednesday May 30 as the trading level of SHFE 1809 contract fell to the 154,000 yuan/mt level from 155,000 yuan/mt during the day

SHANGHAI, May 30 (SMM) – Trading in the spot tin market in Shanghai weakened on Wednesday May 30 as the trading level of SHFE 1809 contract fell to the 154,000 yuan/mt level from 155,000 yuan/mt during the day, SMM learned.

Transactions were mostly heard at 149,500-152,500 yuan/mt. Downstream consumers were keen to remain on the sidelines while some traders purchased for hedging.

Given the instability in prices of futures, sellers and buyers were inclined to watch and wait.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

Market commentary

tin

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

Related news

SMM Morning Comments (Mar 21): Base Metals Mostly Went Up Last Friday Following Fed’s Hawkish Speech

Shanghai base metals mostly closed with gains in the overnight trading last Friday as the Fed indicated more aggressive measures for countering the inflation. LME metals basically picked up on Friday as well.

time

Mar 21, 2022 10:09

SMM Morning Comments (Mar 21): Base Metals Mostly Went Up Last Friday Following Fed’s Hawkish Speech

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

Shanghai base metals mostly closed with gains on Thursday night. LME metals performed similarly on Thursday.

time

Feb 11, 2022 10:12

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

SMM Morning Comments (Jan 7): Base Metals Closed Mixed Overnight amid Cautious Sentiments

Shanghai base metals all trended higher on Monday morning. Their counterparts on LME trended mixed.

time

Jan 10, 2022 10:03

SMM Morning Comments (Jan 7): Base Metals Closed Mixed Overnight amid Cautious Sentiments

SMM Morning Comments (Dec 22): Base Metals Mostly Closed with Gains Overnight on Stronger Market Confidence

Shanghai base metals mostly went up on Wednesday morning after the market confidence was boosted by the expectations of effective vaccines against COVID-19 variant Omicron overnight. Meanwhile, their counterparts on LME mostly went downward.

time

Dec 22, 2021 09:58

SMM Morning Comments (Dec 22): Base Metals Mostly Closed with Gains Overnight on Stronger Market Confidence

Weekly Operating Rates of Tin Smelting Picked up

According to SMM research, the weekly operating rates of tin smelting in Yunnan edged down as a whole. The operating rates in Jiangxi, on the contrary, rebounded significantly last week, which is in line with SMM estimate.

time

Dec 6, 2021 14:26

Weekly Operating Rates of Tin Smelting Picked up

SMM Evening Comments (Dec 1): Shanghai Nonferrous Metals Closed Mixed amid Hawkish Rhetoric from US Fed and Positive China PMI

Shanghai nonferrous metals closed with mixed performance as the hawkish rhetoric from US Federal Reserve Chair Powell supressed the market, while the November Caixin PMI in China was relatively positive than before.

time

Dec 1, 2021 19:00

SMM Evening Comments (Dec 1): Shanghai Nonferrous Metals Closed Mixed amid Hawkish Rhetoric from US Fed and Positive China PMI

SMM Morning Comments (Nov 29): Base Metal Closed with Losses after Discovery of New COVID-19 Variant

Shanghai base metals basically trended lower on Monday morning amid risk aversion sentiments after the discovery of a super strong variant of COVID-19 was discover last Friday. Meanwhile, their counterparts on LME all cruised higher.

time

Nov 29, 2021 09:59

SMM Morning Comments (Nov 29): Base Metal Closed with Losses after Discovery of New COVID-19 Variant

SMM Evening Comments (Nov 23): Shanghai Nonferrous Metals Closed Mixed with Zinc Outperforming the Board

Shanghai nonferrous metals closed with mixed performance. Zinc surged amid supply fears after Glencore said that it is shutting down some zinc production capacity in Europe due to high energy prices, and the steeply rising ferrous products also boosted the SHFE board.

time

Nov 23, 2021 19:00

SMM Evening Comments (Nov 23): Shanghai Nonferrous Metals Closed Mixed with Zinc Outperforming the Board

SMM Evening Comments (Nov 8): Shanghai Nonferrous Metals Closed with Mixed Performance after Moving in Narrow Rangebound

Shanghai nonferrous metals closed with mixed performance as the market was generally quiet today, and the broad sector moved in narrow rangebound.

time

Nov 8, 2021 19:00

SMM Evening Comments (Nov 8): Shanghai Nonferrous Metals Closed with Mixed Performance after Moving in Narrow Rangebound

SMM Morning Comments (Oct 28): Base Metals Fell across the board under Government Curb on Coal Prices

Shanghai base metals all trended downward after opening on Thursday morning amid risk aversion sentiments and China’s curb on the coal prices. Meanwhile, their counterparts on LME all went down.

time

Oct 28, 2021 10:03

SMM Morning Comments (Oct 28): Base Metals Fell across the board under Government Curb on Coal Prices

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.