LME Tin to Set for Gains (2017-1-25)

Published: Jan 25, 2017 09:39

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LME tin will test the 10-day moving average for the short term and SHFE 1705 tin will move at RMB 145,700-147,500/mt.

SHANGHAI, Jan. 25 (SMM) – US dollar index will keep hovering at lows, supporting base metals to rise. LME tin climbed above the 5-day moving average on Tuesday’s night trading and will test the 10-day moving average for the short term. SHFE 1705 tin will move at RMB 145,700-147,500/mt.

In China’s domestic market, spot tin should trade at RMB 146,500-148,500/mt on Wednesday.

SHFE tin LEM tin tin prices

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