LME Tin to Challenge Resistance (2017-9-5) -Shanghai Metals Market

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LME Tin to Challenge Resistance (2017-9-5) 

Price Review & Forecast 09:38:04AM Sep 05, 2017 Source:SMM

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 to Challenge Resistance (2017-9-5) 

Price Review & Forecast 09:38:04AM Sep 05, 2017 Source:SMM

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)