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Home / Metal News / LME Tin to Remain Under Downward Pressure (2017-7-6) 

LME Tin to Remain Under Downward Pressure (2017-7-6) 

iconJul 6, 2017 09:49
LME tin will test resistance at USD 20,600/mt and support at USD 19,400/mt.

SHANGHAI, Jul. 6 (SMM) –LME tin will test resistance at USD 20,600/mt and support at USD 19,400/mt. SHFE 1709 tin sank to the 40-day moving average overnight and will move mainly at RMB 143,500-145,000/mt today.  

In Shanghai spot tin market, weak SHFE tin will keep mainstream traded prices in check at RMB 140,500-143,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-6)
 

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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