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SHFE Tin to Search for Direction (2017-5-15)
May 16,2017 09:28
CSTprice review forecast
Source:SMM
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
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