Home / Metal News / Precious Metals / SMM Tin Market Morning Review (2014-6-10)
SMM Tin Market Morning Review (2014-6-10)
Jun 10,2014 09:33CST
price review forecast
Source:SMM
LME tin opened at USD 23,090/mt on Monday.

SHANGHAI, Jun. 10 (SMM) – LME tin opened at USD 23,090/mt on Monday. Markets continued to digest better-than-expected US non-farm payrolls for May, helping LME tin close USD 20/mt higher at USD 23,170/mt. 

China will release CPI and PPI data today. LME tin should be range-bound between USD 23,000-23,500/mt on Tuesday. In Shanghai physical tin market, soft demand will persist, with prices expected between RMB 139,000-140,500/mt.


 

LME tin prices
Shanghai 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