SHFE Tin to See Limited Declines (2017-9-18)

Published: Sep 18, 2017 09:33

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LME tin will move at USD 20,500-20,700/mt today and continue testing support at USD 20,500/mt.

SHANGHAI, Sept. 18 (SMM) –LME tin will move at USD 20,500-20,700/mt today and continue testing support at USD 20,500/mt. SHFE 1801 tin should move within RMB 142,000-144,000/mt today and any further declines will be limited.

In Shanghai spot market, mainstream traded prices will rise slightly to RMB 142,000-143,000/mt and downstream buying interest will pick up.

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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