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LME Tin to Extend Gains (2017-6-19)
Jun 19, 2017 09:48Source:SMM
LME tin drifter higher after a high opening today, reaching the 20-day and 40-day moving averages and will test resistance at USD 19,900/mt.
SHANGHAI, Jun. 19 (SMM) –LME tin drifter higher after a high opening today, reaching the 20-day and 40-day moving averages and will test resistance at USD 19,900/mt. SHFE 1709 tin will consolidate and move mainly at RMB 144,000-146,000/mt.
In Shanghai spot tin market, mainstream traded prices are expected to lose upward momentum and range RMB 141,500-143,000/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-6-19)
LME tin prices
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