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Home / Metal News / LME Tin to Perform Better than SHFE Tin (2016-8-25)

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

iconAug 25, 2016 09:40
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
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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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