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

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

Price Review & Forecast 09:45:56AM Sep 13, 2017 Source:SMM

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 to Look for Direction (2017-9-13) 

Price Review & Forecast 09:45:56AM Sep 13, 2017 Source:SMM

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.