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LME Tin to Trade in Tight Range (2017-7-17) 

iconJul 17, 2017 09:41
LME tin will meet resistance at USD 20,050/mt and find support at USD 19,800/mt.

SHANGHAI, Jul. 17 (SMM) –LME tin will meet resistance at USD 20,050/mt and find support at USD 19,800/mt. SHFE 1709 tin rallied and closed at RMB 144,250/mt during last Friday’s night session, but met strong resistance at RMB 144,500/mt. The contract should range RMB 143,000-144,500/mt today.  

In Shanghai spot tin market, mainstream traded prices are expected at RMB 141,000-143,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-17)

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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