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Home / Metal News / LME Tin to Lack Upward Momentum (2017-8-23)

LME Tin to Lack Upward Momentum (2017-8-23)

Aug 23, 2017 09:36

Source:SMM

LME tin should test resistance at USD 20,900/mt today and support at USD 20,000/mt.

SHANGHAI, Aug. 23 (SMM) –LME tin should test resistance at USD 20,900/mt today and support at USD 20,000/mt. SHFE 1709 tin fell sharply overnight and closed at close to RMB 142,000/mt. The contract will fall further to RMB 137,000/mt today if it loses support at RMB 141,000/mt.

In Shanghai spot tin market, falling SHFE tin will push mainstream traded prices down to RMB 141,500-143,000/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-23)

LME tin prices

SHFE tin prices

tin prices

Sn price

base metal price forecast

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On Thursday, SHFE 1709 tin broke through RMB 147,400/mt, but then fell back to around RMB 146,700/mt.

Aug 10, 2017 17:56

SMM Comments

SHFE 1709 Tin Falls back after Hitting High (2017-8-10)

SHFE 1709 Tin Ends with Big Gains (2017-8-4)

On Friday, SHFE 1709 tin opened at RMB 148,060/mt.

Aug 4, 2017 20:04

SMM Comments

SHFE 1709 Tin Ends with Big Gains (2017-8-4)

SHFE 1709 Tin Experiences Roller Coaster Ride (2017-7-26)

On Wednesday, SHFE 1709 tin fell to RMB 147,000/mt after opening at RMB 147,680/mt.

Jul 26, 2017 19:01

SMM Comments

SHFE 1709 Tin Experiences Roller Coaster Ride (2017-7-26)

SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017)

On Wednesday’s night trading, the dollar stopped falling, but a weak dollar is expected to be remain, and base metals will keep fluctuating.

Jul 20, 2017 09:38

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017)

LME Tin to See Range-Bound Trading (2016-12-20)

LME tin will fluctuate on Monday with support at USD 21,000/mt and SHFE 1701 tin will move at RMB 142,500-145,500/mt.

Dec 20, 2016 09:50

SMM Comments

LME Tin to See Range-Bound Trading (2016-12-20)

SHFE Tin Prices down 0.32% (2016-12-16)

SHFE 1701 tin opened at RMB 150,460/mt and finally closed at RMB 148,720/mt, down RMB 470/mt or 0.32%.

Dec 16, 2016 19:48

SMM Comments

LME Tin to See Range-Bound Trading (2016-12-13)

LME tin will fluctuate at around USD 21,000/mt on Tuesday and SHFE 1701 tin will move at RMB 142,000-144,500/mt.

Dec 13, 2016 09:43

SMM Comments

Base Metals to Diverge, SMM Says

Base metal prices on the SHFE are expected to diverge on Friday, Shanghai Metals Market foresees.

Dec 9, 2016 09:15

SMM Insight Industry

SHFE Tin Closes with Losses (2016-12-8)

SHFE 1701 tin climbed to RMB 147,360/mt and then moved weakly.

Dec 8, 2016 17:56

SMM Comments

Volatility to Grow in Base Metals, SMM Says

Base metal prices on the SHFE are expected to be volatile on Thursday, Shanghai Metals Market foresees.

Dec 8, 2016 09:14

SMM Insight Industry

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LME Tin to Lack Upward Momentum (2017-8-23)

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