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LME Tin to Challenge Resistance (2017-9-5)
Sep 5, 2017 09:38LME tin will challenge resistance at USD 20,900/mt due to a weak dollar.
SHANGHAI, Sep. 5 (SMM) –LME tin will challenge resistance at USD 20,900/mt due to a weak dollar. SHFE 1801 tin rose after a low opening during Monday’s night session, and should move mainly within RMB 146,500-148,500/mt today.
In Shanghai spot market, limited demand will keep mainstream traded prices in check at RMB 144,000-145,500/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-9-5)
LME tin prices
SHFE tin prices
tin prices
Sn 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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