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Home / Metal News / SHFE Tin to Stay Weak (2016-5-18)

SHFE Tin to Stay Weak (2016-5-18)

May 18, 2016 09:24

SHFE 1609 tin will see weak trading and range RMB 107,000-109,000/mt on May 18.

SHANGHAI, May 18 (SMM) – SHFE 1609 tin will see weak trading and range RMB 107,000-109,000/mt on May 18.

LME tin may drop to USD 16,800/mt should LME tin fail to break through resistance at USD 17,000/mt during Asian trading hours Wednesday. Spot tin prices will be at RMB 10,8500-11,1000/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-18)

lme tin prices

SHFE tin prices

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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SHFE Tin to Stay Weak (2016-5-18)

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