SHFE Tin to Trade in Recent Range (2017-6-21)

Published: Jun 21, 2017 09:40

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LME tin will find support at USD 19,300/mt and meet resistance at USD 19,900/mt.

SHANGHAI, Jun. 21 (SMM) –LME tin will find support at USD 19,300/mt and meet resistance at USD 19,900/mt. SHFE 1709 tin will move mainly at RMB 142,500-144,000/mt.

In Shanghai spot tin market, mainstream traded prices followed SHFE tin down yesterday and are expected at RMB 140,000-142,000/mt today. Buyers are suggested to purchase as needed.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-21)

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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