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LME Tin to Test Support at USD 14,400/mt (2015-12-7)

iconDec 7, 2015 09:51
Source:SMM
LME tin is expected to test support at USD 14,400/mt on Monday.

SHANGHAI, Dec. 7 (SMM) – LME tin is expected to test support at USD 14,400/mt on Monday. 

SHFE 1601 tin struggled around the 5-day and 10-day moving averages during last Friday’s night session, and is expected at RMB 83,500-85,000/mt today.  

See forecast for other base metals, please click: Volatility at Lows to Grow in Base Metal Prices This Week, SMM Says

In Shanghai spot market, buyers will source only to need, with mainstream traded prices expected at RMB 83,000-85,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-7)







LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast

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