LME Tin to Look for Support (2016-3-10)

Published: Mar 10, 2016 09:39

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LME tin should test support at USD 16,200/mt during Asian trading hours Thursday.

SHANGHAI, Mar. 10 (SMM) – LME tin should test support at USD 16,200/mt during Asian trading hours Thursday.

SHFE 1605 tin will fluctuate between RMB 108,000-112,000/mt on Mar. 10 with fierce competition between shorts and longs. The stable SHFE tin prices help curb looses for spot tin prices and spot tin should trade between RMB 110,000-113,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-10)

LME tin prices SHFE tin prices Sn price

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