SHFE Tin to Hover at Highs (2017-8-4)_SMM | Shanghai Nonferrous Metals

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Home / Metal News / Tin / SHFE Tin to Hover at Highs (2017-8-4)

SHFE Tin to Hover at Highs (2017-8-4)

Aug 4,2017 09:30

CST

price review forecast

Source:SMM

LME tin will challenge USD 20,800/mt today due to a weak dollar.

SHANGHAI, Aug. 4 (SMM) –LME tin will challenge USD 20,800/mt today due to a weak dollar. SHFE 1709 tin rose overnight due to short covering and will rise further if it breaks through resistance at moving averages. The contract should move mainly at RMB 147,000-148,500/mt today.

In Shanghai spot tin market, strong SHFE tin will support mainstream traded prices at RMB 146,500-148,500/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-4)

LME tin prices

SHFE tin prices

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Base metals are split on Monday’s night trading, and prices are expected to keep swinging widely.

Oct 31, 2017 09:15 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 31, 2017)

SMM Price Outlook for Base Metals on SHFE (Oct. 23, 2017)

Base metals headed lower on last Friday’s night trading as the dollar strengthened, and prices are expected to trade in a wide range.

Oct 23, 2017 09:09 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 23, 2017)

LME Base Metals Inventories (2017-10-20)

The table below shows inventories of base metals on the LME on October 20.

Oct 20, 2017 16:19 timezone

CST

industry news

LME Base Metals Inventories (2017-10-20)

LME Copper to Fall Further (2017-10-20)

LME copper will drop to USD 6,940-6,990/mt today on negative technical side, while SHFE 1712 copper will move at RMB 54,100-54,600/mt.

Oct 20, 2017 09:44 timezone

CST

price review & forecast

LME Tin to Fall (2017-10-20)

LME tin will test support at USD 20,000/mt today.

Oct 20, 2017 09:43 timezone

CST

price review & forecast

SHFE Tin to Hover at Lows (2017-10-19)

LME tin fell on short selling, and will drop further to USD 19,900-20,300/mt today.

Oct 19, 2017 09:36 timezone

CST

price review & forecast

SHFE Tin to Fall Further (2017-10-18)

LME tin will fall further to USD 20,200-20,650/mt today on negative technical side.

Oct 18, 2017 09:25 timezone

CST

price review & forecast

SMM Price Outlook for Base Metals on SHFE (Oct. 13, 2017)

Base metals finished in the positive territory, with nickel leading the gains. Prices in China’s market are expected to hold stable before the upcoming 19th CPC National Congress.

Oct 13, 2017 09:11 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 13, 2017)

LME Zinc to Rise after Falling Initially (2017-10-11)

On Wednesday, LME zinc will fall at first, and then rise as a falling dollar will support zinc price, which may challenge USD 3,300/mt, with price range between USD 3,260-3,300/mt.

Oct 11, 2017 09:31 timezone

CST

price review & forecast

LME Zinc to Rise after Falling Initially (2017-10-11)

Shanghai Spot Tin Price Falls with SHFE Tin, SMM Reports

Spot tin price in Shanghai dropped along with SHFE tin price this morning, SMM reports.

Oct 10, 2017 12:00 timezone

CST

industry news

Shanghai Spot Tin Price Falls with SHFE Tin, SMM Reports

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1.SMM Morning Comments (Sep 10): Shanghai base metals were mostly lower as investors eye ECB meeting

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