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Home / Metal News / Tin Price to Stay Firm (2017-8-24)

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

Aug 24, 2017 10:10

Source: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.

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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