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Home / Metal News / LME Tin to Remain Stuck in Recent Range (2017-8-8) 

LME Tin to Remain Stuck in Recent Range (2017-8-8) 

iconAug 8, 2017 09:36
Source:SMM
LME tin will test resistance at USD 20,900/mt and support at USD 20,200/mt today.

SHANGHAI, Aug. 8 (SMM) –LME tin will test resistance at USD 20,900/mt and support at USD 20,200/mt today. SHFE 1709 tin found support at the 5-day moving average overnight, and should move mainly at RMB 147,000-149,000/mt today.    

In Shanghai spot tin market, strong wait-and-see sentiment will keep mainstream traded prices in check at RMB 146,500-148,000/mt today. 



 

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