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Home / Metal News / SHFE Tin to Trade in Narrow Range (2017-9-29) 

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

iconSep 29, 2017 09:19
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. 

 

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

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