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LME Tin to Remain Under Downward Pressure (2017-7-6)
Jul 6,2017 09:49
CSTprice review forecast
Source:SMM
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
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