Shanghai Tin Prices to Hold Firm (2017-9-21)

Published: Sep 21, 2017 09:36

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LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt today.

SHANGHAI, Sept. 21 (SMM) –LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt today. SHFE 1801 tin moved at highs during Wednesday’s night session, and should move mainly within RMB 145,000-147,000/mt today.

In Shanghai spot market, firm SHFE tin and stocking ahead of 2017 Chinese National Day holiday (Oct. 1-7) will keep mainstream traded prices at highs of RMB 143,000-144,500/mt.

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

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