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Tin Prices in China to Extend Gains (2015-12-15)
Dec 15,2015 09:40
CSTprice review forecast
Source:SMM
Tin prices in Shanghai spot market will rise further to RMB 87,500-89,000/mt on Tuesday, due to tight supply and strong SHFE tin.
SHANGHAI, Dec. 15 (SMM) – Tin prices in Shanghai spot market will rise further to RMB 87,500-89,000/mt on Tuesday, due to tight supply and strong SHFE tin.
SHFE 1601 tin moved higher during Monday’s night session, and should challenge resistance at RMB 90,000/mt today.
See forecast for other base metals, please click: Diverging Trends to Intensify in Base Metal Market, SMM Says
LME tin is expected to test support at USD 14,400/mt, with market cautious before the US Fed’s policy meeting.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-15)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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