SHFE Tin to Finish with Losses (2016-11-23)-Shanghai Metals Market

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SHFE Tin to Finish with Losses (2016-11-23)

Price Review & Forecast 10:02:02AM Nov 23, 2016 Source:SMM

SHANGHAI, Nov. 23 (SMM) – LME tin will range between USD 20,800-21,200/mt on Wednesday. SHFE 1701 tin fluctuated weakly on Tuesday’s night trading with resistance and will drop to RMB 145,000-147,500/mt on Wednesday.

In China’s domestic market, spot tin supply will increase on Wednesday with releasing of hedging as SHFE 1701 tin falls.

Key Words:  SHFE tin  LEM tin  tin prices 

Price

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#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 to Finish with Losses (2016-11-23)

Price Review & Forecast 10:02:02AM Nov 23, 2016 Source:SMM

SHANGHAI, Nov. 23 (SMM) – LME tin will range between USD 20,800-21,200/mt on Wednesday. SHFE 1701 tin fluctuated weakly on Tuesday’s night trading with resistance and will drop to RMB 145,000-147,500/mt on Wednesday.

In China’s domestic market, spot tin supply will increase on Wednesday with releasing of hedging as SHFE 1701 tin falls.

Key Words:  SHFE tin  LEM tin  tin prices