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LME Tin to Trade in Recent Range (2017-6-22) 

Published: Jun 22, 2017 09:38
LME tin will find support at USD 19,300/mt and meet resistance at USD 19,900/mt.

SHANGHAI, Jun. 22 (SMM) –LME tin will find support at USD 19,300/mt and meet resistance at USD 19,900/mt. SHFE 1709 tin inched up overnight, but failed to break through moving averages, and will move mainly at RMB 142,800-144,000/mt today. 

In Shanghai spot tin market, stabilizing SHFE tin will support mainstream traded prices at RMB 140,000-142,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-22)

 

LME tin pricesSHFE tin pricestin pricesSn pricebase 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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