SHFE Tin to Outperform LME Tin (2016-1-11)

Published: Jan 11, 2016 09:44

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SHFE tin will fare better than LME tin on Monday.

SHANGHAI, Jan. 11 (SMM) – SHFE tin will fare better than LME tin on Monday.

LME tin will look for support at USD 13,500/mt while testing resistance at USD 14,000/mt.

SHFE 1605 tin inched up during last Friday’s night session, and should move between RMB 93,000-94,000/mt today.

See forecast for other base metals, please click: Shanghai Base Metal Prices to Weaken, with Eyes on Chinese Yuan

In Shanghai spot tin market, mainstream traded prices are expected between RMB 94,500-96,500/mt, finding support from SHFE tin.

Key Macroeconomic Indicators for Base Metal Prices (2016-1-11)

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

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