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SHFE Tin to Move in Wide Ranges (2015-12-28)

iconDec 28, 2015 10:00
Source:SMM
SHFE 1605 tin was range-bound during last Friday’s night session, but will swing more wildly between RMB 93,500-94,500/mt on Monday

SHANGHAI, Dec. 28 (SMM) – SHFE 1605 tin was range-bound during last Friday’s night session, but will swing more wildly between RMB 93,500-94,500/mt on Monday. 

See forecast for other base metals, please click: Base Metals to See Light Trading in Pre-holiday Week, with Firm Prices, SMM Says

Growing supply will put downward pressure in spot tin prices in Shanghai. But stable SHFE aluminum will put a floor. Mainstream traded prices are expected at RMB 95,500-97,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-28)





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

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