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Home / Metal News / SHFE Tin to Search for Direction (2017-6-2)

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

Jun 2, 2017 09:50

Source:SMM

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

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