LME Tin to Move Higher (2017-2-14)

Published: Feb 14, 2017 10:22

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LME tin will trade at USD 19,600-19,950/mt on Tuesday and SHFE 1705 tin will move at RMB 148,500-151,000/mt.

SHANGHAI, Feb. 14 (SMM) – LME tin will trade at USD 19,600-19,950/mt on Tuesday. SHFE 1705 tin started at RMB 150,360/mt on Monday’s night trading and fluctuated at around RMB 149,750/mt. The contract rallied slightly and then declined before closing at RMB 149,320/mt. SHFE 1705 tin will move at RMB 148,500-151,000/mt on Tuesday.

In China’s domestic market, spot tin should trade at RMB 148,500-149,500/mt on Tuesday.

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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