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Home / Metal News / LME Tin to Look for Support (2016-3-10)

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

iconMar 10, 2016 09:39
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
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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