[SMM afternoon Review] the focus of the futures market has shifted downwards. Turnover in the spot market is still light.

Published: Jul 15, 2020 11:38

Save

SMM7 March 15:

On the spot market, today's quotation is 1400000 RMB143000 per ton. Shanghai tin noodles this morning continued the decline late last night, the center of gravity moved lower than yesterday morning, the average net price fell 500 yuan / ton. Prices have declined, but manufacturers' shipments are still general, downstream just need to purchase, traders hold a wait-and-see attitude, the overall spot market trading atmosphere is relatively weak. Liter discount, the Shanghai tin 2009 contract set Yunxi rose about 500yuan / ton, near Yunzi Pingshui, small brand discount around 2000 yuan / ton.

In the afternoon

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