LME Tin to Remain Range-Bound (2016-9-21)

Published: Sep 21, 2016 09:29

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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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