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Shanghai Tin Prices to Hold Firm on Tight Supply (2016-1-12)

iconJan 12, 2016 09:39
In Shanghai spot tin market, mainstream traded prices are expected to hold firm between RMB 96,000-97,500/mt on tight supply.

SHANGHAI, Jan. 12 (SMM) –In Shanghai spot tin market, mainstream traded prices are expected to hold firm between RMB 96,000-97,500/mt on tight supply.  

SHFE 1605 tin should move between RMB 92,600-93,600/mt today. 

See forecast for other base metals, please click: Price Weakness to Continue in Shanghai Market, SMM Says

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

Key Macroeconomic Indicators for Base Metal Prices (2016-1-12)





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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