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Home / Metal News / Shanghai Tin Prices to Fall (2017-6-20)

Shanghai Tin Prices to Fall (2017-6-20)

Jun 20, 2017 09:38

LME tin will meet resistance at the 20-day and 60-day moving averages and range USD 19,300-19,900/mt.

SHANGHAI, Jun. 20 (SMM) –LME tin will meet resistance at the 20-day and 60-day moving averages and range USD 19,300-19,900/mt. SHFE 1709 tin dropped slightly overnight and will move mainly at RMB 143,500-145,000/mt.

In Shanghai spot tin market, pullback in SHFE tin will send mainstream traded prices down to RMB 140,500-142,500/mt.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-19)

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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Shanghai Tin Prices to Fall (2017-6-20)

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NET ZERO CHINA Field Trip

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