Home / Metal News / SHFE Tin to Meet Downward Pressure (2017-1-19)

SHFE Tin to Meet Downward Pressure (2017-1-19)

iconJan 19, 2017 10:08
LME tin will keep fluctuating on Thursday and SHFE 1705 tin will move at RMB 146,800-149,000/mt.

SHANGHAI, Jan. 19 (SMM) – US Federal Reserve Chairwoman Yellen annouced to support rate-hiking pace as US’s economy is approaching to Fed’s target. Attention should be on Eurozone’s interest rate hike on Thursday. LME tin will keep fluctuating on Thursday and SHFE 1705 tin will move at RMB 146,800-149,000/mt.

In China’s domestic market, spot tin should trade at RMB 149,000-151,000/mt on Thursday.

SHFE tin
LEM tin
tin prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All