LME Tin to Fall (2017-10-20) -Shanghai Metals Market

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LME Tin to Fall (2017-10-20) 

Price Review & Forecast 09:43:39AM Oct 20, 2017 Source:SMM

SHANGHAI, Oct. 20 (SMM) –LME tin will test support at USD 20,000/mt today. SHFE 1801 tin fell to RMB 144,000/mt during Thursday’s night session. The contract will head to RMB 142,500/mt if it loses support at RMB 144,000/mt. The contract will move mainly within RMB 143,500-145,000/mt today.   

In Shanghai spot market, mainstream traded prices will be RMB 142,500-144,000/mt today. 
  

 

LME Tin to Fall (2017-10-20) 

Price Review & Forecast 09:43:39AM Oct 20, 2017 Source:SMM

SHANGHAI, Oct. 20 (SMM) –LME tin will test support at USD 20,000/mt today. SHFE 1801 tin fell to RMB 144,000/mt during Thursday’s night session. The contract will head to RMB 142,500/mt if it loses support at RMB 144,000/mt. The contract will move mainly within RMB 143,500-145,000/mt today.   

In Shanghai spot market, mainstream traded prices will be RMB 142,500-144,000/mt today.