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Home / Metal News / Shanghai Tin Prices to Rise (2017-8-17) 

Shanghai Tin Prices to Rise (2017-8-17) 

iconAug 17, 2017 09:47
Source:SMM
LME tin recorded small gains yesterday, and should test support at USD 19,600/mt and resistance at USD 20,400/mt today.

SHANGHAI, Aug. 17 (SMM) –LME tin recorded small gains yesterday, and should test support at USD 19,600/mt and resistance at USD 20,400/mt today. SHFE 1709 tin followed other base metals up slightly overnight and should move mainly at RMB 143,000-146,000/mt today.  

In Shanghai spot tin market, spot prices will rise due to rising SHFE tin, but only slightly due to poor demand. Mainstream traded prices are expected at RMB 144,000-145,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-17)

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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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