Shanghai Spot Tin Prices to Rise (2016-7-13)

Published: Jul 13, 2016 09:26

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Market will eye China June trade data and the central bank of Canada’s July policy meeting today.

SHANGHAI, Jul. 13 (SMM) – Market will eye China June trade data and the central bank of Canada’s July policy meeting today. LME tin should consolidate test resistance at USD 18,200/mt.

SHFE 1609 tin saw big volatility during Tuesday’s night session and should move at RMB 118,000-120,000/mt today.

In Shanghai spot tin market, strong SHFE tin will push mainstream traded prices up to RMB 117,000-119,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-13)

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

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