SHFE Tin Closes with Small Gains (2016-12-12)-Shanghai Metals Market

Hot Keywords

  • Copper
  • Zinc
  • Nickel
  • MMi Iron Ore Port Index
  • Aluminium
  • Macroeconomics
  • trend forecast
  • price
  • Inventory data
  • Wanbao Minerals
  • Stainless steel spot
  • Futures movement
  • Evening comments
  • Bauxite
  • SMM brief review

SHFE Tin Closes with Small Gains (2016-12-12)

Price Review & Forecast 06:45:58PM Dec 12, 2016 Source:SMM

SHANGHAI, Dec, 12 (SMM) – On last Friday’s night trading, SHFE 1701 tin opened higher and then dropped back to RMB 143,020/mt. The contract later moved weakly and finally closed at RMB 143,200/mt.

On Monday, base metals increased across the board as crude oil soared. SHFE 1701 tin advanced to RMB 145,550/mt after opening and later dropped below the moving averages. The contract finally closed at RMB 143,280/mt.

SHFE 1701 tin is predicted to range between RMB 142,000-145,000/mt on Monday’s night trading.

Key Words:  SHFE tin  LEM tin  tin prices 

SHFE Tin Closes with Small Gains (2016-12-12)

Price Review & Forecast 06:45:58PM Dec 12, 2016 Source:SMM

SHANGHAI, Dec, 12 (SMM) – On last Friday’s night trading, SHFE 1701 tin opened higher and then dropped back to RMB 143,020/mt. The contract later moved weakly and finally closed at RMB 143,200/mt.

On Monday, base metals increased across the board as crude oil soared. SHFE 1701 tin advanced to RMB 145,550/mt after opening and later dropped below the moving averages. The contract finally closed at RMB 143,280/mt.

SHFE 1701 tin is predicted to range between RMB 142,000-145,000/mt on Monday’s night trading.

Key Words:  SHFE tin  LEM tin  tin prices