SHFE Tin to Search for Direction (2017-8-21) -Shanghai Metals Market

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SHFE Tin to Search for Direction (2017-8-21) 

Price Review & Forecast 09:42:53AM Aug 21, 2017 Source:SMM

SHANGHAI, Aug. 21 (SMM) –LME tin should test resistance at USD 20,400/mt today. SHFE 1709 tin should move mainly at RMB 143,000-146,000/mt today. 
In Shanghai spot tin market, mainstream traded prices will lack upward momentum due to weak SHFE tin and are expected at RMB 143,500-145,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-21)
 

SHFE Tin to Search for Direction (2017-8-21) 

Price Review & Forecast 09:42:53AM Aug 21, 2017 Source:SMM

SHANGHAI, Aug. 21 (SMM) –LME tin should test resistance at USD 20,400/mt today. SHFE 1709 tin should move mainly at RMB 143,000-146,000/mt today. 
In Shanghai spot tin market, mainstream traded prices will lack upward momentum due to weak SHFE tin and are expected at RMB 143,500-145,500/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-21)