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Home / Metal News / Shanghai Tin Prices to Hold Firm on Tight Supply (2016-1-12)

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

Jan 12, 2016 09:39

Source:SMM

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

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

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