LME Tin to Extend Gains (2017-6-19)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • hydrogen stations
  • Market commentary
  • Copper
  • thép
  • Production data
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Morning comments
  • Mengtai Group
  • Lithium
  • Iron ore

LME Tin to Extend Gains (2017-6-19)

Price Review & Forecast 09:48:01AM Jun 19, 2017 Source:SMM

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 to Extend Gains (2017-6-19)

Price Review & Forecast 09:48:01AM Jun 19, 2017 Source:SMM

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)