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SHFE Tin to Consolidate (2017-7-5) 

Published: Jul 5, 2017 09:55
Market will eye minutes of the US Fed’s latest policy meeting, which might give some hints as for timing of balance sheet cut.

SHANGHAI, Jul. 5 (SMM) – Market will eye minutes of the US Fed’s latest policy meeting, which might give some hints as for timing of balance sheet cut. LME tin will trade in recent range. SHFE 1709 tin will move mainly at RMB 144,200-145,500/mt today.  

In Shanghai spot tin market, mainstream traded prices are expected to stabilize at RMB 140,500-143,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-5)

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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