LME Tin to Get Boost from Weaker Dollar (2017-6-29) -Shanghai Metals Market

Hot Keywords

  • Air pollution
  • Inventory data
  • Zinc
  • Copper
  • Nickel
  • Market commentary
  • nickel laterite
  • hydrogenation stations
  • Aluminium
  • Nickel ore
  • Futures movement
  • Macroeconomics
  • Tin
  • Production data
  • Morning comments

LME Tin to Get Boost from Weaker Dollar (2017-6-29) 

Price Review & Forecast 09:40:17AM Jun 29, 2017 Source:SMM

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 to Get Boost from Weaker Dollar (2017-6-29) 

Price Review & Forecast 09:40:17AM Jun 29, 2017 Source:SMM

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)