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Home / Metal News / LME tin to test support at USD 14,400/mt (2015-11-23)

LME tin to test support at USD 14,400/mt (2015-11-23)

Nov 23, 2015 10:49

Source:SMM

LME tin should test support at USD 14,400/mt and meet resistance at USD 14,800/mt on Monday.

SHANGHAI, Nov. 23 (SMM) – LME tin should test support at USD 14,400/mt and meet resistance at USD 14,800/mt on Monday.

See forecast for other base metals, please click: Base Metal Prices to See Bigger Volatility at Lows, SMM Says

SHFE 1601 tin, the most active contract, is expected to move between RMB 84,000-85,000/mt. In Shanghai spot market, inflow of hedged goods will send mainstream traded prices down to RMB 86,000-88,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-23)

LME tin prices

tin price forecast

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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LME tin to test support at USD 14,400/mt (2015-11-23)

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