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Home / Metal News / LME Tin to Fall to USD 14,400/mt (2015-12-4)

LME Tin to Fall to USD 14,400/mt (2015-12-4)

iconDec 4, 2015 09:51
LME tin is expected to fall to USD 14,400/mt on Friday after losing support at USD 14,800/mt overnight.

SHANGHAI, Dec. 4 (SMM) – LME tin is expected to fall to USD 14,400/mt on Friday after losing support at USD 14,800/mt overnight.  

SHFE 1601 tin is expected to follow LME tin down to RMB 83,000-84,000/mt today.  

See forecast for other base metals, please click: Markets Stay Cautious ahead of US Non-farm Data after Drama Night, SMM Says

In Shanghai spot market, the pullback in LME and SHFE tin will drag mainstream traded prices down to RMB 82,500-85,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-4)







LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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