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LME Tin to Remain in Recent Range (2017-8-14) 

Published: Aug 14, 2017 09:48
LME tin will test support at USD 20,200/mt and resistance at USD 20,500/mt today.

SHANGHAI, Aug. 14 (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 145,000-147,000/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 145,500-147,000/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-14)
 

LME tin pricesSHFE tin pricestin pricesSn pricebase metal price forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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