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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)

Dec 4, 2015 09:51

Source:SMM

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)

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