SHFE Tin to Trade in Narrow Range (2017-9-29)

Published: Sep 29, 2017 09:19

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

SHANGHAI, Sept. 29 (SMM) –LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt today. SHFE 1801 tin hovered around the 5-day and 4-day moving averages during Thursday’s night session, and should move mainly within RMB 145,700-147,000/mt today.

In Shanghai spot market, mainstream traded prices are expected at RMB 143,000-145,000/mt.

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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