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LME Tin to Get Boost from Weaker Dollar (2017-6-29)
Jun 29, 2017 09:40Source:SMM
LME tin will challenge resistance at the 10-day and 20-day moving averages due to a weaker dollar.
SHANGHAI, Jun. 29 (SMM) –LME tin will challenge resistance at the 10-day and 20-day moving averages due to a weaker dollar. SHFE 1709 tin will move mainly at RMB 143,500-145,000/mt today.
In Shanghai spot tin market, prices of goods from Yunnan Tin Group will hold firm due to tight supply. Mainstream traded prices will rise slightly to RMB 140,000-143,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2017-6-29)
LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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