LME Tin to Perform Better than SHFE Tin (2016-8-25)

Published: Aug 25, 2016 09:40

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LME tin will rise to USD 19,200/mt if it finds holds onto USD 18,600/mt mark.

SHANGHAI, Aug. 25 (SMM) –LME tin will rise to USD 19,200/mt if it finds holds onto USD 18,600/mt mark. SHFE 1609 tin dived during Wednesday’s night session, and will stay weak at RMB 122,000-124,000/mt today.

In Shanghai spot tin market, tight supply will help support mainstream traded prices at RMB 123,500-125,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-25)

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

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