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LME Tin to Stay Weak (2016-9-13)
Sep 13, 2016 09:34Source:SMM
LME tin will test support at the 20-day moving average.
SHANGHAI, Sep. 13 (SMM) –LME tin will test support at the 20-day moving average.
SHFE 1701 tin will head to RMB 118,000/mt if it loses support at RMB 122,500/mt, and should move between RMB 123,000-125,000/mt.
In Shanghai spot tin market, mainstream traded prices are expected to fall back to RMB 123,500-125,500/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-9-13)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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