SHFE Tin to Meet Resistance (2017-9-20)

Published: Sep 20, 2017 09:35

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LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt, with eyes on the US Fed’s policy decision.

SHANGHAI, Sept. 20 (SMM) –LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt, with eyes on the US Fed’s policy decision. SHFE 1801 tin met resistance during Tuesday’s night session, and should move mainly within RMB 144,500-146,000/mt today.

In Shanghai spot market, mainstream traded prices will lose upward momentum and range RMB 142,500-144,000/mt.

LME tin prices SHFE tin prices tin prices Sn price base metal price forecast

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