Tin Fundamental Analysis

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The price of Tin in Malaysia Stock Exchange rose on Thursday. The increase in the price of Tin supported by waning expectations of USD rate hike after the release of Minutes of the Fed meeting. US Federal Reserve policymakers agree that further economic data are needed before raising interest rates, although some see a need to tighten policy soon, according to the minutes of the US central bank policy meeting July 26 to 27.

It looks like tin price movements Malaysia at the next trade limited the potential to strengthen the potential dollar weakness with dovish signal for a US rate hike. Price will face the resistance level at level 18.450 . But if there is a decrease, the price of tin will face a support level at 17.950.

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The tin price on the Malaysian bourse is higher on Friday (19/08). The increase in the Tin's price supported by the strengthening of US and European exchanges. The price of Tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18430 dollars per ton, an increase of 80 dollars or 0.4 percent from its previous close at 18350.

 

Stocks closed up at the end of Friday's trading this morning, helped by rising crude oil prices, while investors digested the latest economic data as well as the minutes from the Federal Reserve's July meeting. The Dow ended up 0.13 percent at 18,597.7, with the highest increase in Wal-Mart stock. The S & P 500 closed up 0.22 percent, at 2,187.02, with the energy sector leading the seven sectors higher. The Nasdaq composite index rose 0.22 percent, at 5,240.15.

 

It is estimated that the price movement lead Malaysia at the next trade limited the potential to strengthen the potential strengthening of global exchanges and the weakening of the US dollar. Price will face the resistance level at 18.600. But if there is a decrease, the price of tin will face the level of support at level 18.000.

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The price of Tin in Malaysia exchange trading is stable on Monday (22/08). The stable price of tin fueled investor caution observing the development of economic indicators data were quiet.

The movement of the Shanghai bourse trade flat on the opening weekend and this morning, to the attention of investors on hopes demand of the country's largest consumer of base metals. Janet Yellen's speech, the chairman of the Fed this weekend also in the spotlight for clarity when and the prospect of rising interest rates.

Today the movement of Tin's price at the next trade potentially weak with a potentially stronger US dollar after the hawkish comments rise in US interest rates, as well as the potential weakening of global exchanges. Price will face the level of support at 18,200 dollars. But if there is an increase, the price of tin will face resistance level at 18,800 dollars.

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The price of Tin in Malaysia bourse appreciated higher on Tuesday (23/08). The increase price of tin also supported by the good sentiment and increased projected economic growth of China. The US rating agency Moody's Investors Services raised the projected China's economy, due to government efforts to boost growth to face the latest slowdown in fixed asset investment and industrial production.

In a research report released August 16, Moody's said that the expansion of China's economy will reach 6.6% in 2016, up from 6.3% previously. Growth in 2017 will be 6.3%, up from 6.1%. Tonight will be released economic data Markit Flash PMI Manufacturing New Home Sales in August and July, which indicated weaker than the previous result. If realized, it will weaken the US dollar.

So today it seems that the price of Tin in Malaysia bourse will have the potential to strengthening further but limited by the potential weakening of US dollar against the other commodities and other current. Price will face the resistance level at position 18,700 dollars and 18,900 dollars. But if there is a decrease, the price of tin will face a support level at 18,300 dollars and 18,100 dollars.

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The price of tin in Malaysia stock rose in trading Wednesday (23/08). Tin price increases triggered by the decline of China's tin production. Administration of China began to conduct environmental inspections at eight major provinces from July 19 led to a smelter in China either to suspend or reduce production.

 

Recommended plant relocation and maintenance operations are expected to keep the smelter is idle for more than a month in some cases, with many factories have not been clear about the possible restart date. Smelter reduce about 45% of China's annual tin production, or about 110,000 metric ton capacity. Cutting will produce a sharp decline in the production of tin in July and August by the Chinese lead smelters, leading to upward pressure on the price of tin is underway in the country.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18,600 dollars per ton, an increase of 120 dollars or 0.6 percent from its previous close at 18,480. Analyst estimates that Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of US dollar. Price will face the level of support at 18,400 . But if the price rise then Tin will face the resistance level at 18,800.

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The price of tin in Malaysia bourse stabilized on Thursday (25/08). Stable prices triggered cautious investors await the US Federal Reserve chairman's speech, Janet Yellen is due to speak later this week. Yellen is scheduled to speak at a meeting of central bankers in Jackson Hole, Wyoming. The latest hawkish comments from policy makers has increased investors' expectations that Yellen might adopt a less cautious tone on US interest rates.

 

While the latest comments from Fed officials have supported expectations that interest rates will rise faster, while the minutes from 26 to 27 July policy meeting showed the US central bank officials remain divided over whether it is time to act.

 

The industrial metals prices traded at 18,600 dollars per ton, the same as the previous close at 18,600. Malaysian tin price at the next trade potentially weak with a potentially stronger US dollar if the data Durable Goods Orders increased in July realized tonight. Price support at 18,400 dollars and 18,200 dollars. But if there is an increase, the resistance at 18,800 dollars and 19,000 dollars.

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The price of tin in Malaysia Stock Exchange rose on Friday afternoon (26/08). The increase in the price of tin supported the weakening US dollar. US dollar weakened against a basket of currencies as some investors sell the currency prior to the annual meeting of global central banks in Jackson Hole, Wyoming, where Yellen will speak about the US monetary policy on Friday. The weakening of US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18.700 dollars per ton, up $ 100 dollars or 0.5 percent from its previous close at 18,600. Analyst estimates that Malaysian tin price movement in trading the potential to strengthen further limited by the potential weakening of US dollar with expectations of a dovish signal Yellen's speech tonight. Price will face the resistance level at 18.900 dollars and if there is a decrease, the price of tin will face the support level at 18,500 dollars.

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The price of Tin in Malaysia Stock Exchange stabilized in early trading week on Monday (29/08). Stable prices with investors still digesting the statement of US Federal Reserve Chairman Janet Yellen and Federal Reserve Vice Chairman Stanley Fischer related to rising US interest rates.

 

The opportunity to rise US interest rates have risen in recent months due to the improvement in the labor market and expectations for moderate economic growth, Federal Reserve Chairman Janet Yellen said on Friday (26/08). But Yellen did not indicate when the US central bank will raise interest rates, but his comments reinforced the view that such a move could come later this year. The Fed has a scheduled policy meeting in September, November and December.

 

The industrial metals prices traded at 18.700 dollars per ton, the same as the previous closing on weekends at 18.700. Price will face the level of support at  18,300 dollars. But if there is an increase, the price of tin will face resistance level at 18,900 dollars.

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Tin's price on Malaysia bourse higher on Tuesday (30/08). The increase in the price of tin supported strengthening US exchanges and the Shanghai stock exchange.  Stocks closed higher in late trading Tuesday morning, supported by rising personal data of US spending and personal income, as well as the positive performance of the financial sector and materials.

 

Started trading of Chinese stocks on Tuesday (30/08), the Shanghai index opened positively, monitored rose by 3.55 points or 0.12 percent at 3073.58. Strengthening the Shanghai index triggered the strengthening of Wall Street and the currency Yuan.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18.850 dollars per ton, an increase of 150 dollars or 0.8 percent from its previous close at 18,700.

 

It estimated that the price of TIn will be limited the potential to strengthen the potential of global exchanges and the strengthening of US dollar's weakness. Price will face the resistance level at position 19 050 dollars. But if there is a decrease, the price of tin will face a support level at 18,650.

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Last tin prices traded higher on Tuesday (30/08). The increase in the price of tin supported by strengthening US exchanges and Shanghai stock exchange. The price of tin in Malaysia commodity exchanges rose Tuesday. The industrial metals prices traded at 18.850 dollars per ton, an increase of 150 dollars or 0.8 percent from its previous close at 18,700.

For trade in tin prices further need to look sentiment that could affect the movement of the price of tin that is a potential strengthening of the US dollar. Analyst estimates that Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of US dollar. Price will face support level when it falls at around 18,650 dollars but if there is an increase, the price of tin will face resistance level at 19,050 dollars.

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The price of Tin in Malaysia Stock Exchange rose on Thursday afternoon. The increase of Tin supported by the growth of Chinese manufacturing in August. Activity in China's manufacturing sector rose unexpectedly in August, but in a moderate profit, so an official survey showed on Thursday (01/09), showed the second largest economy in the world began a steady but still sluggish.

PMI rose to 50.4 in August, compared with a reading of 49.9 the previous month and above the 50-point line that separates growth from contraction on a monthly basis. This figure was the highest since October 2014. Increased growth of Chinese manufacturing provided a positive sentiment for the strengthening of the demand from the world's largest consumer of this base metal. 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18,900 dollars per ton, up $ 500 dollars. It looks like tin price movements Malaysia at the next trade limited the potential to strengthen the potential dollar weakness with expected US manufacturing data weakened tonight. Price will face the resistance level at 19,100 and support level at 18,700.

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The price of tin in Malaysia Stock Exchange rose on Friday afternoon (02/09). The increase in the price of tin supported the weakening US dollar. In the middle of forex trading the Asian session the weekend (2/9), US dollar is still strong against its main rivals by caution over the data market performance of the US labor market in August that will strengthen or weaken the Fed signals rate hikes this year. Observed in the spot market the dollar fell against several of its main rivals except the yen and gold prices.

 

The weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19 180 dollars per ton, an increase of 180 dollars or 1.5 percent from its previous close at 18,900.

 

Tonight will be released the data the US Non Farm payrolls fell in August indicated. If realized, it will weaken the US dollar.  It estimated that Malaysian tin price movements on trade limited the potential to strengthen further if the US NFP data realized weakened. Price will face the resistance level at 19,400 dollar. But if there is a decrease, the price of tin will face a support level at 18,800 dollar.

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The price of tin in Malaysia bourse higher on Monday (05/09). The increase in the price of tin supported strengthening of global exchanges. US stocks closed higher in late trading weekend early Saturday, with the three major indexes posted weekly gains, supported increases in commodity prices after a disappointing jobs report. 

 

Likewise, the European Stock Exchange closed higher on weekends Friday night after US jobs data for August fell short of expectations, dampening expectations of US rate hike in September.Meanwhile Asian markets this afternoon observed moving in the green zone. All the major indexes recorded a rise in the Asian region.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today thanks to that. Thisindustrial metals prices traded at 19 330 dollars per ton, an increase of 150 dollars or 0.8 percent from its previous close at 19 180. The price estimated  to have potential strengthening further limited by the potential for strengthening global stock markets after the easing of US interest rate hike expectations. 

 

Price will face the resistance level at position 19,500 dollars and then to 19,700 dollars. But if there is a decrease, the price of tin will face a support level at 19,100 dollars and then towards 18,900 dollars.

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The price of tin in Malaysia Stock Exchange fell on Tuesday (06/08). Falling prices following the weakening of the price of tin in Shanghai, China.In Shanghai, base metals such as aluminum, zinc and tin fell about 1.1 percent.

 

Wall Street and global markets were quiet about giving direction to the tin trade. The price of tin in Malaysia observed commodity exchanges declined today. The industrial metals prices traded at 19,300 dollars per tonne, down by 30 dollars, or 0.2 percent from its previous close at 19 330.Tonight will be released the data Markit and ISM Non Manufacturing Services AS in August that indicated weaker. If realized could weaken the US dollar.

 

It estimated that Malaysian tin price movements at the next trade may rise if the US dollar weakening is realized. Price will face the resistance level at position 19,500 dollars. But if there is a decrease, the price of tin will face a support level at 19,100 dollars and then to around 18,900 dollars.

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The price of tin in Malaysia Stock Exchange rose on Wednesday afternoon (07/09). The increase in the price of tin supported the weakening US dollar and strengthening of Wall Street.The weakening US dollar also occurred after the US services sector growth slumped in August.

 

This weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing and not only that Stocks closed higher in late morning trading on Wednesday, boosted the positive performance of the energy sector after US crude oil prices rose. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19 450 dollars per ton, an increase of 0.8 percent from its previous close at 19,300.

 

It seems that Tin price movement in trading the potential to strengthen further limited by the potential weakening of US dollar weakening because of US rate hike expectations. Price will face the resistance level at position 19 650 dollars. But if there is a decrease, the price of tin will face Support level at 19 250 dollars.

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The price of tin in Malaysia Stock Exchange rose on Thursday afternoon (08/09). The increase in the price of tin supported increasing Chinese imports in August. Chinese imports rose unexpectedly in August for the first time in almost two years while exports fell at a speed that is much simpler.

 

Exports fell 2.8 percent from a year earlier, the General Administration of Customs of China, said on Thursday (08/09), adding that the pressure on the delivery expected to continue to decline in the fourth quarter. Imports rose 1.5 percent from the previous year, which ended the 21 months decline with the increase in Chinese imports, further strengthening sentiment increased demand for metals including lead of the country's largest consumer of metals elementary in the world.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,600 dollars per ton, an increase of 0.8 percent from its previous close at 19 450.

 

Analyst estimates that Malaysian tin price movement in trading has the potential to strengthen further limited by the potential weakening of US dollar. Price will face the resistance level at position 19,800 dollars. But if there is a decrease, the price of tin will face a support level at 19,400 dollars.

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The price of tin in Malaysia Stock Exchange ended down on Wednesday trading. A weaker tin prices depressed by US dollar is getting stronger after dovish signal waning US interest rates. Tin prices on commodity exchanges Malaysia yesterday's trading up 0.3%. For today's trading, should be an important sentiment that can affect the movement of the price of tin.

Expectations the US Federal Reserve will raise rates at its policy meeting next week has subsided, putting pressure on US currency, so the overnight US dollar index fell 0.23 percent against basket of currencies. This afternoon US dollar index is still moving down. The weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing.

Analyst estimates that Malaysian tin price movement in trading the potential to strengthen further limited by the potential dollar's weakness when triggered by waning expectations of US rate hike. Price will face resistance level at 19,350 dollars. But if there is a decrease, the price of tin will face support level at 18 950 dollars.

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Until the middle of September, the price of tin is still in a positive position, while Malaysia stock trading this Friday to commemorate Malaysia Day holiday. In early September the price of tin is at 18,900 dollars. The highest price on September 9 at 19,600. On 14 September last closing at 19,150. Therefore, until the middle of September is the price of tin is still up to 250 dollars, or 1.3 percent.

With the fading hopes of US interest rate hikes, it could be a bearish sentiment for the movement of the US dollar. However, it should be observed economic data releases tonight, which will be released the data Inflation Consumer Sentiment August and September which indicated stronger. If realized, it will strengthen the US dollar.

Analyst estimated that Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of US dollar if US economic data strengthened. Price will face support level at 18 950 dollars and 18,750 dollars. But if there is an increase, the price of tin will face resistance level at 19,350 dollars and 19 550 dollars.

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The price of tin in Malaysia Stock Exchange stabilized in early trading Monday last week (19/9). Stable prices with investors awaited the US Federal Reserve policy meeting Sept. 20-21 is related to US interest rate policy. US inflation rose 0.2% for August compared with the expected rise of 0.1% with an annual increase of 1.1% from 0.8% previously. This is the highest inflation rate in four months, driven by rising costs and medical protection.

Although the increase is relatively narrow, but it will give an additional impetus for the rise in US interest rates higher than the FOMC members. With strong US inflation is still triggered the development of sentiment US interest rate hikes, whether to raise interest rates at tomorrow's meeting or going up at a meeting late next year.

The price of tin in Malaysia observed stable commodity exchanges today. The industrial metals prices traded at 19,200 dollars per ton, the same as the previous closing on weekends at 19.200. In the last week the price of tin is also stable at 19,200 dollars per ton, mostly observing the development of US interest rates, while the Chinese market holidays that reduce demand.

Analyst estimates that Tin at the next trade has potential to weaken with the potential for strengthening of US Dollar. Price will face the of support level at 19,000 dollars. But if there is an increase, the price of tin will face resistance level at 19,400 dollars and 19,600 dollars.

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The price of tin in Malaysia Stock Exchange rose on Tuesday afternoon (09/20). The increase in the price of tin supported the weakening US dollar.Tin's price is keep increasing because of the demand where the price of tin is sold in US dollars become cheaper.

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,400 dollars per ton, an increase of 200 dollars or 1.0 percent from its previous close at 19,200.

Tin future's price movement in trading has the potential to strengthen further limited by the potential weakening of US dollar by fading expectations of US rate hike. Price will face the resistance level at 19,600 dollars and 19,800 dollars. But if there is a decrease, the price of tin will face a support level at 19,200 dollars and 19,000 dollars.

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The price of tin on Malaysia Stock Exchange rose Tuesday afternoon (09/20). The increase in the price of tin after watch the Fed meeting that is expected to keep interest rates fixed. US interest rate decision will be announced tonight, where an estimated US interest rates will remain.

 

Investors will watch Fed Chairman Janet Yellen's speech at the end of the meeting on Wednesday for clues to whether the central bank could raise interest rates before the end of the year. Various mixed economic data and comments to the contrary by key Fed policy has made investors expected an increase in US interest rates will be made at the next meeting.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19.480 dollars per ton, an increase of 80 dollars or 0.4 percent from its previous close at 19,400.

 

It is estimated that Tin futures has the potential to strengthen further limited by the potential of dollar weakness due to fading expectations of US rate hike. First and second resistance at 19,700 dollars and 19,900 dollars. But if there is a decrease, the price of tin will face a support level at 19,300 dollars.

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The price of tin in Malaysia Stock Exchange fell on Thursday (22/09). Falling prices triggered profit taking. The weakening of the price of tin ignoring the bullish sentiment with dollar weakness after the Fed kept interest rates fixed. US Federal Reserve kept interest rates unchanged at Thursday's meeting this morning (22/09) but give a strong signal to the tightening of monetary policy by the end of this year as the labor market improves further.

Fed Chairman Janet Yellen, speaking after the central bank's latest policy statement, said the US is seen strong growth and the rate of increase would be needed to keep the economy strong and triggering high inflation.Profit-taking occurred after in today's trading tin production rose 66 tonnes compared to 55 tonnes in the previous session. Profit taking also occurred utilizing tin price increase in the last three trading sessions lead.

The price of tin in Malaysia commodity exchanges declined today. The industrial metals prices traded at 19,400 dollars per tonne, down by 80 dollars, or 0.4 percent from its previous close at 19 480.Tin's rice movements at the next trade may rise if US dollar continues to weaken. Price will face the resistance level at position 19,600 dollars and 19,800 dollars. But if there is a decrease, the price of tin will face a support level at 19,200 dollars and 19,000 dollars.

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Tin's futures price in Malaysia Stock Exchange rose on Friday noon (09/23). Tin price increases triggered by the Fed's decision to maintain interest rates fixed. US Federal Reserve kept interest rates unchanged at Thursday's meeting this morning (22/09) but give a strong signal to the tightening of monetary policy by the end of this year as the labor market improves further.

The Fed's decision bolstering sentiment in the US dollar will be in a weaker position. The increase was also driven by the strengthening of tin in LME overnight pushed the Fed's decision to keep interest rates fixed. 

The price of tin on the commodity exchanges of Malaysia observed a rise today and has limited potential to strengthen against US dollar since it is as the postpone of US rate hike. Price will face the resistance level at 19,650 and support level which trader must face is at 19 250 dollars and 19 050 dollars.

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The price of tin in Malaysia Stock Exchange rose on Monday afternoon (09/26). The increase in the price of tin supported by the weakening US dollar. The US dollar index weakened this afternoon. Observed US dollar index fell 0.02 percent at 95 459.

The weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing alsoTin's futures price commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,600 dollars per ton, an increase around 0.8 percent from its previous close at 19 450.

Tonight New Home Sales will be release and indicated to be weakening and gives favour to US rivals such as this commodity. If realized, it will potentially depress US dollar. Analyst estimates that Tin's rice has the potential to strengthen further limited by the potential weakening of US dollar. Price will face the resistance level at position 19,800 dollars and if price fall will face support level at 19,400 dollars.

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Tin futures price in Malaysia Stock Exchange steady on Tuesday (27/09). Stable prices with investors looking forward to the development of global markets which examine the results of the first debate of US Presidential candidates.This morning was held the first debate of US Presidential candidates, including Hillary Clinton from the Democratic Party to deal with Donald Trump of the Republican Party.

The price of tin in Malaysia observed stable commodity exchanges today. The industrial metals prices traded at 19,600 dollars per ton, the same as the previous closing on weekends at 19,600 and tonight will be released CB Consumer Confidence September indicated weakened. If realized, it will weaken the US dollar.

It seems that Tin's future price on Malaysian Exchange at the next trade is projected to rise since US dollar has potential to weaken. Price will face the resistance level at 19,800 dollars and 20,000 dollars. But if there is a decrease, the price of tin will face a support level at 19,400 dollars and 19,200 dollars.