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LME Tin to Remain Range-Bound Trading (2017-1-17)
Jan 17, 2017 10:04Source:SMM
LME tin will range between USD 21,000-21,200/mt on Tuesday and SHFE 1705 tin will move at RMB 148,500-151,500/mt.
SHANGHAI, Jan. 17 (SMM) – LME tin will remain range-bound trading in a short term and will range between USD 21,000-21,200/mt on Tuesday. SHFE 1705 tin fluctuated at RMB 150,000/mt on Monday’s night trading and will move at RMB 148,500-151,500/mt on Tuesday.
In China’s domestic market, downstream producers will have their workers take 2017 Chinese New Year holiday successively from this week. Spot tin will stabilize and trading will be quieter gradually. Spot tin should trade at RMB 150,000-153,000/mt on Tuesday.
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LEM tin
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