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LME Tin to Face Downward Pressure (2017-5-9)
May 9,2017 09:30CST
price review forecast
Source:SMM
Market will eye a series of Chinese economic data today.

SHANGHAI, May 9 (SMM) –Market will eye a series of Chinese economic data today. LME tin will drop to USD 19,300/mt. SHFE 1709 tin stabilized around RMB 140,000/mt during Monday’s night session, but downward pressure remains. The contract should range RMB 139,000-141,500/mt today.  

In Shanghai spot tin market, weak SHFE tin will push mainstream traded prices down to RMB 138,000-140,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-5-9)

 

LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast

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