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LME Tin to Look for Direction (2017-9-13)
Sep 13, 2017 09:45Source:SMM
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.
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