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LME Tin to Trade in Recent Range (2017-6-22)
Jun 22, 2017 09:38Source:SMM
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 prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
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