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Home / Metal News / Limited Supply to Ease Declines in Tin Prices (2015-12-24)

Limited Supply to Ease Declines in Tin Prices (2015-12-24)

iconDec 24, 2015 09:31
In Shanghai spot tin market, prices will fall slower to RMB 96,500-98,000/mt, with the downside space limited by low market availability.

SHANGHAI, Dec. 24 (SMM) –In Shanghai spot tin market, prices will fall slower to RMB 96,500-98,000/mt, with the downside space limited by low market availability. 

SHFE 1601 tin struggled during Wednesday’s night session, and should move at RMB 93,000-95,000/mt on Thursday.

See forecast for other base metals, please click: Base Metal Prices to Rise in Asian Trading Hours as LME closed, SMM Says

Trading on the LME will be suspended during the European session for the Christmas holiday, leaving LME tin still range-bound. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)





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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