SHFE Tin Sets for Gains (2016-11-7)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Futures movement
  • Silicon
  • Inventory data
  • Copper
  • Prebaked anode
  • Lead
  • NEV
  • Evening comments
  • Nickel
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Production data
  • Market commentary

SHFE Tin Sets for Gains (2016-11-7)

Price Review & Forecast 09:50:49AM Nov 07, 2016 Source:SMM

SHANGHAI, Nov. 7 (SMM) – Market caution will dominate before US presidential election. LEM tin dropped from highs last Friday with resistance and will hover between USD 20,950-21,300 on Monday. SHFE 1701 tin kept rising momentum last Friday, up to as high as RMB 145,240/mt, and the contract will range at RMB 142,500-145,000/mt on Monday.

In China’s domestic market, spot tin should rise to RMB 142,000-143,500/mt on Monday with increasing SHFE 1701 tin.

Key Words:  SHFE tin  LEM tin  tin prices 

Price

more
#1 Tin Ingot
Apr.19
146750.0
-500.0
(-0.34%)
Tin Concentrate-Yunnan
Apr.19
131500.0
-500.0
(-0.38%)
Tin Concentrate -Hunan
Apr.19
134750.0
-500.0
(-0.37%)
Tin Concentrate-Jiangxi
Apr.19
134750.0
-500.0
(-0.37%)
Tin Concentrate-Guangxi
Apr.19
134750.0
-500.0
(-0.37%)

SHFE Tin Sets for Gains (2016-11-7)

Price Review & Forecast 09:50:49AM Nov 07, 2016 Source:SMM

SHANGHAI, Nov. 7 (SMM) – Market caution will dominate before US presidential election. LEM tin dropped from highs last Friday with resistance and will hover between USD 20,950-21,300 on Monday. SHFE 1701 tin kept rising momentum last Friday, up to as high as RMB 145,240/mt, and the contract will range at RMB 142,500-145,000/mt on Monday.

In China’s domestic market, spot tin should rise to RMB 142,000-143,500/mt on Monday with increasing SHFE 1701 tin.

Key Words:  SHFE tin  LEM tin  tin prices