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Home / Metal News / LME Tin to Gather Strength on Falling Stocks (2016-3-2)

LME Tin to Gather Strength on Falling Stocks (2016-3-2)

iconMar 2, 2016 09:26
LME tin stocks kept falling.

SHANGHAI, Mar. 2 (SMM) –LME tin stocks kept falling. This will offer LME tin momentum to challenge resistance at USD 16,200/mt on Wednesday.

SHFE 1605 tin went down after a high opening during Tuesday’s night session, and is expected to move at lows of RMB 103,400-104,400/mt today.  

In Shanghai spot tin market, weak SHFE tin will keep mainstream traded prices in check between RMB 104,000-107,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-2)




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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