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)