SHFE Tin to Consolidate at Lows (2016-5-30)

Published: May 30, 2016 10:35

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SHFE 1609 tin fell back slightly during last Friday’s night session and should consolidate at RMB 106,500-108,500/mt on Monday.

SHANGHAI, May 30 (SMM) –SHFE 1609 tin fell back slightly during last Friday’s night session and should consolidate at RMB 106,500-108,500/mt on Monday.

LME is closed today for Bank Holiday.

In Shanghai spot tin market, weak SHFE tin will keep mainstream traded prices in check at RMB 107,000-108,500/mt, with buyers buying only as needed.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-30)

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

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