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

Hot Keywords

  • Zinc
  • Inventory data
  • MMi Iron Ore Port Index
  • Copper scrap
  • Rare earth
  • Copper
  • Aluminium
  • Aluminum
  • Evening comments
  • Morning comments
  • Futures movement
  • Cobalt
  • Market commentary
  • price forecast
  • VAT

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

Price Review & Forecast 09:33:53AM Sep 18, 2017 Source:SMM

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.


 

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

Price Review & Forecast 09:33:53AM Sep 18, 2017 Source:SMM

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.