SHFE Tin to Search for Direction (2017-6-2)

Published: Jun 02, 2017 09:50 (GMT+8)

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Trump’s plan to withdraw from Paris climate agreement will add to uncertainty to US economy.

SHANGHAI, Jun. 2 (SMM) – Trump’s plan to withdraw from Paris climate agreement will add to uncertainty to US economy. LME tin will move around moving averages. SHFE 1709 tin consolidated during Thursday’s night session, and should move between RMB 142,500-144,500/mt today.

In Shanghai spot tin market, high inventories will keep mainstream traded prices in check at RMB 140,000-142,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-2)

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

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