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Home / Metal News / SHFE Tin to Move at Highs (2017-6-14)

SHFE Tin to Move at Highs (2017-6-14)

Jun 14, 2017 09:58

Source:SMM

LME tin will rise further to test resistance at USD 19,600/mt.

SHANGHAI, Jun. 14 (SMM) –LME tin will rise further to test resistance at USD 19,600/mt. SHFE 1709 tin will move mainly at RMB 143,500-146,000/mt today, testing resistance at RMB 146,000/mt.

In Shanghai spot tin market, spot discounts expanded due to sharply rising SHFE tin. Plentiful supply will leave spot discounts still wide. Mainstream traded prices are expected at RMB 141,000-143,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-14)

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SHFE Tin to Move at Highs (2017-6-14)

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