LME Tin to Remain Weak (2017-5-15)

Published: May 15, 2017 09:34

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LME tin will remain weak and range USD 19,700-19,900/mt today.

SHANGHAI, May 15 (SMM) –LME tin will remain weak and range USD 19,700-19,900/mt today. SHFE 1709 tin will face downward pressure and range RMB 140,000-143,000/mt.

In Shanghai spot tin market, falling SHFE tin will put downward pressure on spot prices. Mainstream traded prices are expected at RMB 138,500-140,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-15)

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

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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