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SHFE Tin to See Limited Declines (2017-9-18)
Sep 18, 2017 09:33Source:SMM
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.
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