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LME Tin to Extend Gains (2016-10-25)
Oct 25, 2016 09:33Source:SMM
LME tin will continue rising to challenge previous resistance, with strong support at the 5-day moving average.
SHANGHAI, Oct. 25 (SMM) –LME tin will continue rising to challenge previous resistance, with strong support at the 5-day moving average.
SHFE 1701 tin will challenge resistance at RMB 135,000/mt find support at RMB 132,500/mt with positive technical indicator.
In Shanghai spot tin market, trading will wane and spot discounts will expand over SHFE 1611 tin.
Key Macroeconomic Indicators for Base Metal Prices (2016-10-25)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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