Shanghai Spot Tin prices to Rise (2016-6-20)-Shanghai Metals Market

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Shanghai Spot Tin prices to Rise (2016-6-20)

Price Review & Forecast 09:52:35AM Jun 20, 2016 Source:SMM

SHANGHAI, Jun. 20 (SMM) –In Shanghai spot tin market, mainstream traded prices are expected to rise to RMB 110,500-112,500/mt due to strong SHFE tin.  

SHFE 1609 tin will remain high at RMB 112,000-113,500/mt today.

Referendum on UK exit from the EU will intensify risk aversion. LME tin will meet resistance at USD 17,400/mt and find support at USD 16,800/mt.  

Key Macroeconomic Indicators for Base Metal Prices (2016-6-20)



Shanghai Spot Tin prices to Rise (2016-6-20)

Price Review & Forecast 09:52:35AM Jun 20, 2016 Source:SMM

SHANGHAI, Jun. 20 (SMM) –In Shanghai spot tin market, mainstream traded prices are expected to rise to RMB 110,500-112,500/mt due to strong SHFE tin.  

SHFE 1609 tin will remain high at RMB 112,000-113,500/mt today.

Referendum on UK exit from the EU will intensify risk aversion. LME tin will meet resistance at USD 17,400/mt and find support at USD 16,800/mt.  

Key Macroeconomic Indicators for Base Metal Prices (2016-6-20)