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Home / Metal News / LME Tin to Move Down (2016-5-25)

LME Tin to Move Down (2016-5-25)

iconMay 25, 2016 09:20
LME tin will look for floor at USD 15,500/mt on Wednesday.

SHANGHAI, May 25 (SMM) –LME tin will look for floor at USD 15,500/mt on Wednesday. 

SHFE 1609 tin met resistance at the 5-day moving average during Tuesday’s night session, and should range RMB 104,000-106,000/mt today.  

In Shanghai spot tin market, mainstream traded prices will stabilize at RMB 106,500-108,500/mt, with buyers sourcing only as needed. 

Key Macroeconomic Indicators for Base Metal Prices (2016-5-25)






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