Tin Price to Stay Firm (2017-8-24)

Published: Aug 24, 2017 10:10

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LME tin remains strong, with solid support at USD 20,300/mt. On Thursday, LME tin is expected to remain firm, with price between USD 20,300-20,700/mt.

SHANGHAI, Aug. 24 (SMM) – LME tin remains strong, with solid support at USD 20,300/mt. On Thursday, LME tin is expected to remain firm, with price between USD 20,300-20,700/mt.

SHFE 1709 zinc broke through RMB 143,000/mt and climbed up to RMB 143,920/mt on Wednesday’s night trading after opening, and later fell back slightly. On Thursday’s trading, SHFE tin is expected to trade at RMB 143,000-145,000/mt, and spot price is estimated between RMB 143,000-144,500/mt. Trading sentiment will improve on a daily basis.

tin price SHFE tin price base metal price forecast

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