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SMM Tin Market Morning Review (2014-6-9)
Jun 9,2014 09:42CST
price review forecast
Source:SMM
LME tin dropped to USD 22,910/mt after opening at USD 23,140/mt last Friday.

SHANGHAI, Jun. 9 (SMM) – LME tin dropped to USD 22,910/mt after opening at USD 23,140/mt last Friday. The metal, however, rebounded later in the day on encouraging US non-farm employment data, finishing the day at USD 23,150/mt.

LME tin should move between USD 23,000-23,600/mt on Monday. In Shanghai physical tin market, supply and demand will hold stable, with prices expected between RMB 139,000-140,500/mt.


 

LME tin prices
Shanghai tin prices

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