Home / Metal News / Aluminium / SMM Tin Market Morning Review (2014-6-6)
SMM Tin Market Morning Review (2014-6-6)
Jun 6,2014 09:55CST
price review forecast
Source:SMM
LME tin prices overnight opened at USD 23,200/mt, then leveled out, meeting resistance at moving averages.

SHANGHAI, Jun. 6 (SMM) – LME tin prices overnight opened at USD 23,200/mt, then leveled out, meeting resistance at moving averages.

European Central Bank announced easy monetary policies as expected, boosting market confidence toward European economy and positively affecting the euro and metals market. China’s government acted to curb excessive lending, weighing on domestic metals market.

LME tin prices are expected to move between USD 23,000-23,500/mt today.

 

tin prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news