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Home / Metal News / SHFE Tin to Extend Losses (2017-6-9)

SHFE Tin to Extend Losses (2017-6-9)

iconJun 9, 2017 09:45
LME tin will look for support at USD 18,800/mt today.

SHANGHAI, Jun. 9 (SMM) –LME tin will look for support at USD 18,800/mt today. SHFE 1709 tin will follow LME tin down to RMB 140,000-142,000/mt. 
In Shanghai spot tin market, plentiful supply will prevent spot prices from rising. Trading will be active at low prices. Mainstream traded prices are expected at RMB 138,500-140,500/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-9)
 

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.

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