LME Tin to Move Lower (2017-2-10)

Feb 10, 2017 09:57

LME tin will remain weak on Friday and SHFE 1705 tin will move at RMB 145,000-147,000/mt

SHANGHAI, Feb. 10 (SMM) – Attention should be on a series of economic data from China on Friday and China’s liquidity tends to tighten. LME tin will remain weak on Friday, weighed by the 5-day moving average. SHFE 1705 tin ranged at around the 10-day moving average on Thursday’s night trading and will move at RMB 145,000-147,000/mt on Friday.

In China’s domestic market, spot tin should trade at RMB 146,000-147,500/mt on Friday.

SHFE tin

LEM tin

tin prices

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LME Tin to Move Lower (2017-2-10)

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