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Shanghai Spot Tin Prices to Strengthen on Tight Supply (2016-7-28)
Jul 28, 2016 09:16Source:SMM
In Shanghai spot tin market, recent production cuts will allow smelters to hold back goods at lows.
SHANGHAI, Jul. 28 (SMM) –In Shanghai spot tin market, recent production cuts will allow smelters to hold back goods at lows. Mainstream traded prices are expected at RMB 120,000-121,500/mt.
LME tin will move between USD 17,500-18,200/mt, and SHFE 1609 tin will consolidate between RMB 119,500-121,500/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-7-28)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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