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Upcoming Off-Season to Hurt China Tin Prices (Jun. 1-5, 2015)
May 29, 2015 17:41Source:SMM
Tin prices in China will take a hit next week since the off-season is nearing, Shanghai Metals Market foresees.
SHANGHAI, May 29 (SMM) – Tin prices in China will take a hit next week since the off-season is nearing, Shanghai Metals Market foresees.
Tin in domestic spot market largely traded between 114,500-116,500 yuan per tonne this Friday, SMM data showed.
LME tin will be vulnerable at $15,000 per tonne, given the strong US dollar, SMM predicts.
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