LME Tin to Look for Direction (2017-9-13)

Published: Sep 13, 2017 09:45

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LME tin will find support at USD 20,400/mt and meet resistance at USD 20,900/mt today.

SHANGHAI, Sep. 13 (SMM) –LME tin will find support at USD 20,400/mt and meet resistance at USD 20,900/mt today. SHFE 1801 tin struggled around the 5-day moving average during Tuesday’s night session, and should move mainly within RMB 143,000-146,000/mt today.

In Shanghai spot market, soft demand and ample supply will keep mainstream traded prices in check at RMB 142,000-143,500/mt.

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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