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Home / Metal News / LME Tin to Drift Higher (2017-8-22)

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

Aug 22, 2017 09:44

Source:SMM

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)

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