LME Tin to Stay Firm (2017-9-4) 

Published: Sep 4, 2017 09:44
SHFE 1801 tin fell back after small gains during last Friday’s night session, and should move mainly within RMB 147,000-148,500/mt today.

SHANGHAI, Sep. 4 (SMM) –SHFE 1801 tin fell back after small gains during last Friday’s night session, and should move mainly within RMB 147,000-148,500/mt today. LME tin will stay at highs, with resistance at USD 20,900/mt. 
 
In Shanghai spot market, ample supply will send mainstream traded prices down to RMB 143,500-145,500/mt.   

Key Macroeconomic Indicators for Base Metal Prices (2017-9-4)

 

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn