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LME Tin to Face Downward Pressure (2017-8-9) 
Aug 9,2017 09:40CST
price review forecast
Source:SMM
LME tin will fall to USD 20,000/mt if it loses support at USD 20,200/mt today.

SHANGHAI, Aug. 9 (SMM) –LME tin will fall to USD 20,000/mt if it loses support at USD 20,200/mt today. SHFE 1709 tin rallied slightly overnight, and should move mainly at RMB 146,000-148,000/mt today.    

In Shanghai spot tin market, supply of hedged goods from Yunnan Tin Group rose recently. Weak SHFE tin will keep mainstream traded prices in check at RMB 146,000-147,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-9)

 

LME tin prices
SHFE tin prices
tin prices
Sn price
base metal price forecast

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