LME Tin to Drift Higher (2017-8-22)

Published: Aug 22, 2017 09:44

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LME tin should challenge resistance at USD 20,900/mt today and find support from weaker dollar.

SHANGHAI, Aug. 22 (SMM) –LME tin should challenge resistance at USD 20,900/mt today and find support from weaker dollar. SHFE 1709 tin should move mainly at RMB 143,000-146,000/mt today and still look for direction.
In Shanghai spot tin market, mainstream traded prices will lack upward momentum due to stable SHFE tin and are expected at RMB 144,000-145,500/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-22)

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

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