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Home / Metal News / Weaker Dollar to Support LME Tin (2016-6-2)

Weaker Dollar to Support LME Tin (2016-6-2)

Jun 2, 2016 10:16

Source:SMM

LME tin will find relief from a weaker dollar, with support at USD 16,000/mt.

SHANGHAI, Jun. 2 (SMM) – LME tin will find relief from a weaker dollar, with support at USD 16,000/mt.

SHFE 1609 tin clawed back some losses before the close of Wednesday’s night session, and should move at RMB 106,000-108,000/mt today.

In Shanghai spot tin market, rally of SHFE tin will ease declines in spot prices. Mainstream traded prices are expected at RMB 108,000-109,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-2)

LME tin prices

SHFE tin prices

tin prices

Sn price

base metal price forecast

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Spot tin price in Shanghai dropped along with SHFE tin price this morning, SMM reports.

Oct 10, 2017 12:00

Industry

Shanghai Spot Tin Price Falls with SHFE Tin, SMM Reports

SHFE Tin Moves Higher (2017-7-11)

SHFE 1709 tin opened at RMB 143,980/mt and closed at RMB 144,750/mt, up RMB 1,070/mt or 0.74%.

Jul 11, 2017 16:31

SMM Comments

SHFE Tin to Test Support from 60-day Moving Average (2017-7-10)

LME tin will move sideways, meeting resistance from USD 20,200/mt and USD 19,500/mt SHFE tin plunged last Friday evening, and closed around the 60-day moving average.

Jul 10, 2017 10:04

SMM Comments

SHFE Tin to Test Support from 60-day Moving Average (2017-7-10)

LME Tin to Hover at Highs (2017-7-3)

LME tin will hover around USD 20,000/mt today.

Jul 3, 2017 09:53

SMM Comments

SHFE 1709 Tin Ends with Gains (2017-6-30)

On Friday, SHFE 1709 tin opened at RMB 145,810/mt.

Jun 30, 2017 18:53

SMM Comments

SHFE 1709 Tin Ends with Gains (2017-6-30)

Minsur subsidiary reports 59% jump in Q1refined tin production

tin-in-concentrate production by its Brazilian subsidiary, Taboca, rose by 18% to 1,767 tonnes compared to the first quarter of last year.

May 22, 2017 15:01

Industry

Minsur subsidiary reports 59% jump in Q1refined tin production

SHFE 1709 Tin Ends with Big Gains (2017-5-17)

SHFE 1709 tin was range-bound during Tuesday’s night session, and ended at RMB 141,490/mt.

May 17, 2017 17:06

SMM Comments

SHFE 1709 Tin Ends with Big Gains (2017-5-17)

Supply Concerns to Support Tin Price Gains, SMM Reports

Tin prices have been performing quite well recently and will remain firm on low stocks and expectations for tightening supply, despite a strong US dollar, SMM says.

Oct 25, 2016 16:30

SMM Insight

Range-Bound Trading to Continue in Base Metals, SMM Says

Base metal prices on the SHFE are expected to keep range-bound trading on Thursday, Shanghai Metals Market foresees.

Oct 20, 2016 09:21

Industry

LME Tin to Face Downward Pressure (2016-10-13)

LME tin will test support at USD 19,700/mt, with eyes on China foreign trade data.

Oct 13, 2016 09:46

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