SHFE Tin to Hover at Highs (2017-7-12)

Published: Jul 12, 2017 09:47
LME tin will stay firm on Wednesday, and SHFE 1709 tin will keep hovering at highs with price range at RMB 144,500-146,000/mt.

SHANGHAIM, Jul. 12 (SMM) – Weak US dollar index shored up LME tin, and LME tin will stay firm on Wednesday. SHFE 1709 tin will keep hovering at highs with price range at RMB 144,500-146,000/mt.

In China’s domestic market, spot tin should trade at RMB 141,500-143,500/mt on Wednesday.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn