LME Tin to Consolidate at Highs (2016-7-12)

Published: Jul 12, 2016 09:35

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LME tin should consolidate at highs, with resistance at USD 18,200/mt and support at USD 17,500/mt.

SHANGHAI, Jul. 12 (SMM) –LME tin should consolidate at highs, with resistance at USD 18,200/mt and support at USD 17,500/mt.

SHFE 1609 tin moved higher during Monday’s night session and should move at RMB 116,500-119,000/mt.

In Shanghai spot tin market, mainstream traded prices are expected at RMB 117,000-118,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-12)

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

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