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Shanghai Spot Tin Prices to Face Downward Pressure (2017-8-11) 
Aug 11,2017 09:45CST
price review forecast
Source:SMM
LME tin will test support at USD 20,200/mt and resistance at USD 20,500/mt today.

SHANGHAI, Aug. 11 (SMM) –LME tin will test support at USD 20,200/mt and resistance at USD 20,500/mt today. SHFE 1709 tin should move mainly at RMB 146,000-147,600/mt today, with resistance at moving averages.    

In Shanghai spot tin market, inflows of hedged goods will put pressure on spot prices. Mainstream traded prices are expected at RMB 146,000-148,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-11)

 

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

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