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LEM Tin to Stabilize (2017-1-23)
Jan 23, 2017 09:53Source:SMM
LME tin will stabilize at USD 20,150/mt on Monday and SHFE 1705 tin will move at RMB 145,000-147,000/mt.
SHANGHAI, Jan. 23 (SMM) - Trump didn’t mention any details on economic plan, sending US dollar down on his inauguration speech. LME tin will stabilize at USD 20,150/mt on Monday. SHFE 1705 tin increased slightly on last Friday’s night trading due to positions closing by shorts. The contract will move at RMB 145,000-147,000/mt on Monday.
In China’s domestic market, spot tin should trade at RMB 147,500-149,000/mt on Monday.
SHFE tin
LEM tin
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