LME Tin to Remain Firm (2017-7-20) -Shanghai Metals Market

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LME Tin to Remain Firm (2017-7-20) 

Price Review & Forecast 09:35:30AM Jul 20, 2017 Source:SMM

SHANGHAI, Jul. 20 (SMM) –LME tin will test resistance at USD 20,225/mt today. SHFE 1709 tin inched down overnight and ended at RMB 146,650/mt, and should move mainly between RMB 146,000-147,500/mt today.    

In Shanghai spot tin market, wait-and-see sentiment will prevail, and mainstream traded prices are expected at RMB 144,000-146,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-20)


 

LME Tin to Remain Firm (2017-7-20) 

Price Review & Forecast 09:35:30AM Jul 20, 2017 Source:SMM

SHANGHAI, Jul. 20 (SMM) –LME tin will test resistance at USD 20,225/mt today. SHFE 1709 tin inched down overnight and ended at RMB 146,650/mt, and should move mainly between RMB 146,000-147,500/mt today.    

In Shanghai spot tin market, wait-and-see sentiment will prevail, and mainstream traded prices are expected at RMB 144,000-146,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-20)