Home / Metal News / Tin / SHFE Tin to Set for Gains (2017-3-29)
SHFE Tin to Set for Gains (2017-3-29)
Mar 29,2017 09:52CST
price review forecast
Source:SMM
LME tin will keep fluctuating on Wednesday and SHFE 1705 tin will move at RMB 142,000-145,000/mt.

SHANGHAI, Mar. 29 (SMM) – LME tin met resistance at the 5 and 10-day moving averages after rallying on Tuesday’s night trading and will keep fluctuating on Wednesday and will challenge the resistance. SHFE 1705 tin increased slightly on Tuesday’s night trading but was still below the 5-day moving average and the growth was due largely to positions closing by shorts. The contract will move at RMB 142,000-145,000/mt on Wednesday.

In China’s domestic market, spot tin should trade at RMB 142,000-144,000/mt on Wednesday.

SHFE tin
LEM tin
tin prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news