LME Tin to Extend Losses (2017-9-11)

Published: Sep 11, 2017 09:49

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LME tin will test support at USD 20,400/mt today.

SHANGHAI, Sep. 11 (SMM) –LME tin will test support at USD 20,400/mt today. SHFE 1801 tin tumbled to near RMB 143,000/mt during last Friday’s night session, and should fall further to RMB 143,000-145,000/mt today.

In Shanghai spot market, lower SHFE and LME tin, as well as ample supply will send mainstream traded prices down to RMB 140,000-142,000/mt.

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

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