Home / Metal News / SHFE Tin to Search for Direction (2017-5-15)

SHFE Tin to Search for Direction (2017-5-15)

iconMay 16, 2017 09:28
SHFE 1709 tin will search for direction and range RMB 140,000-143,000/mt today.

SHANGHAI, May 15 (SMM) –SHFE 1709 tin will search for direction and range RMB 140,000-143,000/mt today. LME tin will meet resistance and range USD 19,700-19,900/mt today. 

In Shanghai spot tin market, weak consumption and inflows of deliverable goods after delivery of SHFE 1705 tin will send mainstream traded prices down to RMB 139,000-140,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2017-5-16)

 

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news