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

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

Price Review & Forecast 09:33:49AM Aug 30, 2017 Source:SMM

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 to Face Downward Pressure (2017-8-30) 

Price Review & Forecast 09:33:49AM Aug 30, 2017 Source:SMM

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)