LME Tin to Challenge High (2017-7-25) -Shanghai Metals Market

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LME Tin to Challenge High (2017-7-25) 

Price Review & Forecast 09:40:47AM Jul 25, 2017 Source:SMM

SHANGHAI, Jul. 25 (SMM) –LME tin will challenge resistance at USD 20,600/mt today, but may face technical corrections in the short term. SHFE 1709 tin should move mainly at RMB 145,200-147,000/mt today.    

In Shanghai spot tin market, limited supply of goods from Yunnan Tin Group and some other brands will keep mainstream traded prices at RMB 143,500-146,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-25)

 

LME Tin to Challenge High (2017-7-25) 

Price Review & Forecast 09:40:47AM Jul 25, 2017 Source:SMM

SHANGHAI, Jul. 25 (SMM) –LME tin will challenge resistance at USD 20,600/mt today, but may face technical corrections in the short term. SHFE 1709 tin should move mainly at RMB 145,200-147,000/mt today.    

In Shanghai spot tin market, limited supply of goods from Yunnan Tin Group and some other brands will keep mainstream traded prices at RMB 143,500-146,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-7-25)