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SHFE Tin to Trade in Wide Range (2017-8-3)
Aug 3, 2017 09:33Source:SMM
LME tin will test support at USD 20,400/mt today.
SHANGHAI, Aug. 3 (SMM) –LME tin will test support at USD 20,400/mt today. SHFE 1709 tin found support at the 20-day moving average overnight as there were signs of short covering, and should move mainly at RMB 146,000-148,000/mt today.
In Shanghai spot tin market, stabilizing SHFE tin will support mainstream traded prices at RMB 146,000-147,500/mt today.
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