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

iconMay 30, 2016 10:35
Source: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.

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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