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Home / Metal News / SHFE Tin to Face Downward Pressure (2017-6-27) 

SHFE Tin to Face Downward Pressure (2017-6-27) 

iconJun 27, 2017 09:30
LME tin will test support at USD 18,600/mt.

SHANGHAI, Jun. 27 (SMM) –LME tin will test support at USD 18,600/mt. SHFE 1709 tin will move mainly at RMB 141,000-143,000/mt today and face downward pressure. 

In Shanghai spot tin market, supply of goods from Yunnan is tight recently. The gap between high-end price and low-end price will widen. Mainstream traded prices are expected at RMB 139,500-142,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-27)
 

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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