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SMM Tin Market Morning Review (2015-5-5)
May 5,2015 09:56CST
price review forecast
Source:SMM
The ISM’s US non-manufacturing PMI for April will be released tonight.

 

SHANGHAI, May 5 (SMM) – The ISM’s US non-manufacturing PMI for April will be released tonight. LME tin has found solid support, and is expected to move between USD 15,800-16,300/mt today.  
 
SHFE 1507 tin contract should move remain strong between RMB 117,000-119,000/mt on Tuesday. 
 
In domestic spot market, supply will cheap goods will be tight, with mainstream traded prices expected between RMB 115,500-117,500/mt.
 
 
 
 
LME tin prices
Shanghai tin prices

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