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Home / Metal News / LME Tin to Fluctuate at Highs (2016-7-18)

LME Tin to Fluctuate at Highs (2016-7-18)

Jul 18, 2016 09:34

Source:SMM

Political turmoil in Turkey will intensify risk aversion.

SHANGHAI, Jul. 18 (SMM) – Political turmoil in Turkey will intensify risk aversion. LME tin will fluctuate at highs, with support at USD 17,500/mt and resistance at USD 18,200/mt.

SHFE 1609 tin should move at RMB 118,000-120,000/mt today.

In Shanghai spot tin market, mainstream traded prices are expected at RMB 117,000-119,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-18)

LME tin prices

SHFE tin prices

tin prices

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base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

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