Home / Metal News / SHFE Tin to Linger at Lows (2017-6-12)

SHFE Tin to Linger at Lows (2017-6-12)

iconJun 12, 2017 09:51
Source:SMM
LME tin will hover at lows, with low possibility to sink below USD 18,600/mt.

SHANGHAI, Jun. 12 (SMM) –LME tin will hover at lows, with low possibility to sink below USD 18,600/mt. SHFE 1709 tin has fallen below all moving averages and will consolidate at lows of RMB 141,000-142,500/mt today. 

In Shanghai spot tin market, plentiful supply will push mainstream traded prices down to RMB 138,500-141,000/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-12)

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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All