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

iconMay 18, 2016 09:24
Source:SMM
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

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