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Home / Metal News / LME Tin to Hover at Highs (2016-9-9)

LME Tin to Hover at Highs (2016-9-9)

iconSep 9, 2016 09:32
Source:SMM
It is expected that China’s CPI, due for release today, will grow just 2% in August, the lowest growth this year.

SHANGHAI, Sep. 9 (SMM) – It is expected that China’s CPI, due for release today, will grow just 2% in August, the lowest growth this year. LME tin will challenge resistance at USD 19,800/mt and test support at USD 19,400/mt.    

SHFE 1701 tin is expected to move at RMB 126,500-128,500/mt.

In Shanghai spot tin market, mainstream traded prices are expected at RMB 126,500-127,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2016-9-9)






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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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