SHFE Tin to Move in Wide Range (2016-6-27)

Published: Jun 27, 2016 09:26

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Scotland asked for a second referendum for independence after Brexit vote, and a second referendum for independence by Scotland seems likely.

SHANGHAI, Jun. 27 (SMM) – Scotland asked for a second referendum for independence after Brexit vote, and a second referendum for independence by Scotland seems likely. LME tin will seek direction, with support at USD 17,000/mt.

SHFE 1609 tin recovered losses during last Friday’s night session, and should move at RMB 110,000-113,000/mt today.

In Shanghai spot tin market, mainstream traded prices are expected at RMB 109,500-111,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-27)

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

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