SHFE Tin to Face Downward Pressure (2017-9-28)

Published: Sep 28, 2017 09:30

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

SHANGHAI, Sept. 28 (SMM) –LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt today. SHFE 1801 tin fell due to profit-taking by longs during Wednesday’s night session, and should move mainly within RMB 145,400-147,000/mt today.

In Shanghai spot market, weak SHFE tin will keep mainstream traded prices in check at RMB 143,500-145,000/mt.

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

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