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Home / Metal News / LME Tin to Drift Lower (2016-9-12)

LME Tin to Drift Lower (2016-9-12)

iconSep 12, 2016 09:20
LME tin will hover around the 10-day moving average today with support from worries about market supply.

SHANGHAI, Sep. 12 (SMM) –LME tin will hover around the 10-day moving average today with support from worries about market supply.

SHFE 1701 tin is expected to move at RMB 124,500-126,500/mt with support at the 20-day moving average.

In Shanghai spot tin market, mainstream traded prices are expected at RMB 125,500-127,000/mt with falling LME and SHFE tin.

Key Macroeconomic Indicators for Base Metal Prices (2016-9-12)

lme tin prices
SHFE tin prices
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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