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SHFE Tin Poised for More Gains (2016-8-10)
Aug 10, 2016 09:33Source:SMM
SHFE 1609 tin rose during Tuesday’s night trading due to long buying, and will rise further to RMB 123,000-125,500/mt today.
SHANGHAI, Aug. 10 (SMM) –SHFE 1609 tin rose during Tuesday’s night trading due to long buying, and will rise further to RMB 123,000-125,500/mt today.
LME tin will challenge resistance at USD 18,500/mt and find support at USD 18,000/mt.
In Shanghai spot tin market, mainstream traded prices are expected to rise to RMB 123,500-125,500/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-8-10)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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