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LME Tin to Remain Range-Bound (2016-9-21)
Sep 21, 2016 09:29Source:SMM
LME tin will remain range-bound between USD 19,200-19,700/mt due to strong market caution before result of the US Fed and Bank of Japan’s policy meetings.
SHANGHAI, Sep. 21 (SMM) –LME tin will remain range-bound between USD 19,200-19,700/mt due to strong market caution before result of the US Fed and Bank of Japan’s policy meetings.
SHFE 1701 tin will move between RMB 123,500-125,500/mt today.
In Shanghai spot tin market, mainstream traded prices are expected to drop to RMB 124,500-126,000/mt due to possible inflows of deliverable goods.
Key Macroeconomic Indicators for Base Metal Prices (2016-9-21)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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