SHFE Tin to Hold Firm (2016-8-17)

Published: Aug 17, 2016 09:17

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Market will eye minutes of the US Fed’s latest policy meeting. LME tin will test support at USD 18,000/mt.

SHANGHAI, Aug. 17 (SMM) – Market will eye minutes of the US Fed’s latest policy meeting. LME tin will test support at USD 18,000/mt.

SHFE 1609 tin will hold firm at RMB 122,500-124,000/mt.

In Shanghai spot tin market, firm SHFE tin and limited supply will support mainstream traded prices at RMB 124,000-125,000/mt.

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

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