LME Tin to Stay Weak (2016-9-13)

Published: Sep 13, 2016 09:34

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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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