Upcoming Off-Season to Hurt China Tin Prices (Jun. 1-5, 2015)-Shanghai Metals Market

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Upcoming Off-Season to Hurt China Tin Prices (Jun. 1-5, 2015)

Price Review & Forecast 05:41:31PM May 29, 2015 Source:SMM
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. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
 

Upcoming Off-Season to Hurt China Tin Prices (Jun. 1-5, 2015)

Price Review & Forecast 05:41:31PM May 29, 2015 Source:SMM
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. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.