LEM Tin to Stabilize (2017-1-23)

Published: Jan 23, 2017 09:53

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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 tin prices

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