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SHFE Tin to Rally (2017-4-14)

iconApr 14, 2017 09:20
Source:SMM
LME market will close on Friday for Easter. SHFE 1705 tin will move at RMB 142,000-144,000/mt.

SHANGHAI, Apr. 14 (SMM) – LME market will close on Friday for Easter. SHFE 1705 tin fluctuated between the 5 and 10-day moving averages on Monday’s night trading with mainstream up. The contract is expected to remain rising momentum on Friday and will move at RMB 142,000-144,000/mt.

In China’s domestic market, spot tin should trade at RMB 140,500-143,000/mt on Friday.

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