LME Tin to Fall Further (2017-10-23) -Shanghai Metals Market

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LME Tin to Fall Further (2017-10-23) 

Price Review & Forecast 09:43:46AM Oct 23, 2017 Source:SMM

SHANGHAI, Oct. 23 (SMM) –LME tin, which lost support at USD 20,000/mt, will test support at USD 19,200/mt today. SHFE 1801 tin, which fell further during last Friday’s night session, will head to RMB 142,500/mt if it loses support at RMB 144,000/mt. The contract The contract will move mainly within RMB 143,000-145,000/mt today.   

In Shanghai spot market, lower LME and SHFE tin will send mainstream traded prices down to RMB 142,000-143,500/mt today. 


 

LME Tin to Fall Further (2017-10-23) 

Price Review & Forecast 09:43:46AM Oct 23, 2017 Source:SMM

SHANGHAI, Oct. 23 (SMM) –LME tin, which lost support at USD 20,000/mt, will test support at USD 19,200/mt today. SHFE 1801 tin, which fell further during last Friday’s night session, will head to RMB 142,500/mt if it loses support at RMB 144,000/mt. The contract The contract will move mainly within RMB 143,000-145,000/mt today.   

In Shanghai spot market, lower LME and SHFE tin will send mainstream traded prices down to RMB 142,000-143,500/mt today.