SHANGHAI, Dec. 25 (SMM) – Tin prices in Shanghai spot market will fare better than SHFE tin on Friday. Mainstream traded prices are expected at RMB 96,000-98,000/mt.
See forecast for other base metals, please click: Shanghai to See Base Metal Price Rising Year-End, SMM Says
SHFE 1601 tin moved lower during Thursday’s night session, but found support at the 10-day moving average. The contract should move at RMB 93,000-94,000/mt on Friday.