LME Tin to Face Downward Pressure (2017-8-30)

Published: Aug 30, 2017 09:33

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LME tin will face downward pressure from growing geopolitical risks.

SHANGHAI, Aug. 29 (SMM) – LME tin will face downward pressure from growing geopolitical risks. SHFE 1709 tin fell during Tuesday’s night session, and should move mainly within RMB 143,000-145,200/mt today.

Weak SHFE tin will keep spot tin prices in Shanghai in check at RMB 143,500-145,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-30)

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

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