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Home / Metal News / Tin Prices Remain under Downward Pressure (2016-3-9)

Tin Prices Remain under Downward Pressure (2016-3-9)

iconMar 9, 2016 09:38
Source:SMM
LME tin followed other base metals down sharply yesterday, and is expected to look for support at USD 16,000/mt on Wednesday.

SHANGHAI, Mar. 9 (SMM) – LME tin followed other base metals down sharply yesterday, and is expected to look for support at USD 16,000/mt on Wednesday.  

SHFE 1605 tin hit its daily downside limit during Tuesday’s night session, and may fall further to RMB 108,000-111,500/mt today. 

In Shanghai spot tin market, mainstream traded prices will track SHFE tin down to RMB 110,000-113,000/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2016-3-9)





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

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