Tin Fundamental Analysis

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Tin futures price on Malaysia Stock Exchange rose on Wednesday afternoon (28/09). The increase in the price of tin supported the strengthening of Wall Street. Stocks closed higher in late trading on Wednesday morning, after the first US presidential debates provide an edge over Donald Trump Hillary Clinton, also supported the strengthening of the US consumer confidence. 

 

The Dow Jones Industrial Average rose 133.47 points, or 0.74 percent. The S & P 500 rose 13.83 points, or 0.64 percent. The Nasdaq index rose 48.22 points, or 0.92 percent, to close at 5,305.71. The price of tin on Malaysia Stock Exchange observed a rise today. The industrial metals prices traded at 19,800 dollars per ton, an increase of 200 dollars or 1.0 percent from its previous close at 19,600.

 

Tonight will be released August Durable Goods Orders data is indicated weakened. If realized, it will weaken the US dollar. Analyst think this commodity has potential to strengthen further limited by the potential weakening of the US dollar. Price will face the resistance level at 20,000 dollars and 20,200 dollars. But if there is a decrease, the price of tin will face support level at 19,600 dollars and 19,400 dollars.

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Tin's futures price in Malaysia Stock Exchange rose on Thursday afternoon (29/09). The increase in the price of tin supported strengthening of global exchanges. Stocks rallied in late trading Thursday morning supported the surge in crude oil prices after reports OPEC agreement to cut oil production. The Dow Jones Industrial Average rose 110.94 points, or 0.61 percent, to close at 18,339.24. 

The S & P 500 rose 11.44 points, or 0.53 percent, to finish at 2,171.37. The Nasdaq index rose 12.84 points, or 0.24 percent, to 5,318.55. This afternoon was also observed Asian stocks rose with all the major indices were in the green zone. Increase in Asian stocks supported the rally on Wall Street and a surge in crude oil.

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19 980 dollars per ton, an increase of 180 dollars or 0.9 percent from its previous close at 19,800. Analyst estimates that Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of the US dolla and will face support level at 19,800 dollars and 19,600 dollars. But if there is an increase, the price of tin will face resistance level at 20,200 dollars and 20,400 dollars.

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Tin market in Malaysia Stock Exchange on Monday is a holiday. However in the last trading on the end of previous week (30/09), the tin price rose 100 dollars, or 0.5 percent. During September, the price of tin has achieved impressive results, jumped 9.3 percent. Tin price increases supported by various positive sentiment, especially in the last week of September with the support of the strengthening of global stock markets after the victory of US Presidential candidate debate Hillary Clinton on Donald Trump. Likewise, China's economic data such as growth in manufacturing and an increase in imports, providing support for the price of tin.

In trading, the price of tin will examine some of the important sentiment. Tonight will release the ISM Non-Manufacturing PMI September indicated increased. If realized, it will strengthen the US dollar. Tin price movements at the next trade will weaken limited to the potential strengthening of the US dollar. Price will face the support at 19,900 dollars and 19,700 dollars. But if there is an increase, the price of tin will face resistance level at 20,300 dollars and 20,500 dollars

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The price of tin in Malaysia Stock Exchange fell in Friday trading (12/08). Falling prices depressed by the strengthening of US dollar. The US dollar index, which measures the dollar against a basket of currencies, rose 0.26 percent after growth in the US manufacturing sector returned to expansion in September.

Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin in Malaysia observed commodity exchanges declined today. The industrial metals prices traded at 20,000 dollars per tonne, down by 80 dollars, or 0.4 percent from its previous close at 20,080.

Analyst estimates that Malaysian tin price movements at the next trade will weakening with the potential of strengthening US Dollar. Price will face the level of support at 19,800 dollars and 19,600 dollars. But if there is an increase, the price of tin will face resistance level at 20,200 dollars and 20,400 dollars.

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The price of tin on Malaysia Stock Exchange fell in trading Wednesday (05/10). Falling prices depressed by the strengthening US dollar. The US dollar broadly strengthened against the pound, the euro and the four other major currencies. Up to 13-day highs helped by an increase in growth in the US manufacturing sector prompted investors to raise their bets on a rate hike at the end of the year.

Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin in Malaysia observed commodity exchanges declined today. The industrial metals prices traded at 19 850 dollars per ton, a decrease of 150 dollars or 0.8 percent from its previous close at 20,000.

Analyst estimates that Malaysian tin price movements at the next trade if potentially weak US dollar continue to strengthen. Price will face the level of support in position at 19 650 dollars and 19 450 dollars. But if there is an increase, the price of tin will face resistance level at 20 050 dollars and 20 250 dollars.

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Tin's price on Malaysia Stock Exchange rose on Thursday afternoon (06/10). The increase in the price of tin supported the strengthening of Wall Street and Asian markets. Stocks closed higher in late trading on Thursday morning, supported a surge in crude oil. The Dow Jones Industrial Average rose 112.58 points, or 0.62 percent, to close at 18,281.03. The S & P 500 rose 9.24 points, or 0.43 percent, to finish at 2,159.73. The Nasdaq index rose 26.36 points, or 0.5 percent, to close at 5,316.02.

This afternoon monitored all the major indices on Asian region moving in the green zone, supported gains on Wall Street and rising crude oil prices overnight. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,880 dollars per ton, up $ 30 dollars or 0.2 percent from its previous close at 19 850.

Tonight will be released Continuing Jobless Claims Initial Jobless Claims and indicated increases. If realized, it will depress the US dollar. Tin futures price movement has potential to strengthen further limited by the potential weakening of US dollar. Price will face the resistance level at 20,100 dollars and 20,300 dollars. But if there is a decrease, the price of tin will face a support level at 19,700 dollars and 19,500 dollars.

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Tin's future price in Malaysia Stock Exchange rose on Friday afternoon (07/10). The increase in tin prices supported the rise in prices of tin in LME. Tin's future price closed up around 0.9 percent at $ 20,025. Tin rose more than 17 percent in the third quarter, the largest increase since the third quarter of the year as 2013.

The price of tin observed a rise today. The industrial metals prices traded at 20 020 dollars per ton, up $ 140 dollars, or 0.70 percent from its previous close at 19,880. Tonight will be released the data the US Non Farm Payrolls September indicated increased. If realized, it will strengthen the US dollar and make price of Tin is more expensive.

Analyst estimates that Tin's prpice movement at the next trade will weaken limited with the potential strengthening of US dollar. Price will face support level at 19 820 dollars and 19 620 dollars. But if there is an increase, the price of tin will face resistance level at 20 220 dollars and 20 420 dollars.

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Tin's future price on Malaysian commodity exchange on Monday. Stable prices with investors looking forward to the development of global markets to digest the results of US jobs data offset by weaker Wall Street and investors are also looking at the results of the second debate of US Presidential candidates.

The US dollar index fell 0.17 percent after weak US jobs data, eclipsing the expected increases in US interest rates in the near future. But bullish sentiment was offset by the weakening of Wall Street weakened the weekend.

The price of tin in Malaysia observed stable commodity exchanges today. Prices of industrial metals have traded at 20.020 dollars per ton, the same as the previous closing on weekends at 20.020.

Tin price movements at the next trade is projected to rise by a potential weakening of US dollar after the fading hopes of US interest rate hikes in the near future. Price will face the resistance level at 20,400 dollars. But if there is a decrease, the price of tin will face a support level at 19,800 dollars.

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The price of tin in Malaysia Stock Exchange rose on Tuesday afternoon (11/10). The increase in the price of tin supported the strengthening of Wall Street and the Shanghai exchange. Stocks closed higher in late trading Tuesday morning, pushed crude oil prices skyrocketing. The Dow Jones Industrial Average was up 0.49 percent, to close at 18,329.04.

 

The S & P 500 rose 0.46 percent, to end at 2,163.66. The Nasdaq composite index closed down 0.69 percent, at 5,328.67. This afternoon the Shanghai exchange was observed to move in the green zone, up 0.32 percent at 3058.02, supported the statement of optimism the Chinese Prime Minister Li Keqiang related to the Chinese economy.

 

The price of tin on the commodity exchanges of Malaysia observed traded at 20 050 dollars per ton, up by 30 dollars, or 0.15 percent from previous close price. Tin's futures price movements price movements at the next trade will weaken limited to the potential strengthening of US dollar. Price will face support level at 19.850 dollars and 19.650 dollars. But if there is an increase, the price of tin will face resistance level at 20.250 dollars and 20.450 dollars.

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The price of tin in Malaysia bourse stabilized on Thursday. Stable prices with mixed with Wall Street and investors digested the release of Fed minutes in September. Stocks ended mixed in late morning trading Thursday. The Dow Jones closed up 0.09 percent, at 18,144.20, with the highest increase in stock Nike. The S & P 500 closed up 0.11 percent, at 2,139.17, with the real estate sector led the eight sectors higher. The Nasdaq composite index closed down 0.15 percent, at 5,239.02.

Minutes from the Federal Reserve meeting September Open Market Committee (FOMC) revealed that members generally agreed that the chance of a rate hike has been strengthened. But there is no specific reference to the interest rate hike at a special meeting and the overall tone slightly more dovish than expected. 

With some decline is still happening in the labor market and inflation continued to run down the target of the Committee, a majority of members considered that at this time the FOMC must await further evidence of progress toward the goal of maximum employment and 2% inflation before raising interest rates.

The price of tin in Malaysia observed stable commodity exchanges today. The industrial metals prices traded at 19,880 dollars per ton, the same as the previous closing on weekends at 19,880. Tin price movements at the next trade has potential to strengthening against weak US dollar. Price will face support level at 19,700 dollars and 19,500 dollars. But if there is an increase, the price of tin will face resistance level at 20,100 dollars and 20,300 dollars.

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Tin futures' price on Malaysia Stock Exchange fell in trading Monday (14/10). Falling prices depressed weakening Wall Street and Europe overnight. Stocks fell in late trading Friday morning depressed weakening Chinese trade data. Attenuation also happens with the possible Federal Reserve interest rate hike in December.

Likewise, China's trade weak pressing European exchanges. The price of tin in Malaysia commodity exchanges ended down today. The industrial metals prices traded at 19,600 dollars per tonne, down by 280 dollars or 1.41 percent from its previous close at 19,880. Tonight will release Retail Sales Data Michigan Consumer Sentiment September and October, which indicated increased.

Analyst estimates that Tin's price movement at the next trade will examine global market movements. However, it should be observed that if US dollar rose will push Tin. Price will face support at 19,400 dollars and 19,200 dollars. But if there is an increase, the price of tin will face resistance level at 19,800 dollars and 20,000 dollars.

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The price of tin in Malaysia Stock Exchange fell in trading Monday (17/10). Falling prices depressed the strengthening US dollar. The US dollar index was up 0.1 percent at 98.122 after touching 98.158, the highest since March 10. The increase in the US dollar on Friday received support from strong US retail sales and producer price figures for September, as the latest indication that the US economy regained momentum in the third quarter after a lackluster first-half.

 

Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin in Malaysia observed commodity exchanges declined today. The industrial metals prices traded at 19 580 dollars per ton, down $ 20 dollars or 0.1 percent from its previous close at 19,600.

 

Tonight will be released the data, Industrial Production and Manufacturing Production is expected to increase in September. If realized can help lift the US dollar. Analyst estimates that Tin price movements at the next trade continue to strengthen. Price will face the support at 19,400 dollars and 19,200 dollars. But if there is an increase, the price of tin will face resistance level at 19,800 dollars and 20,000 dollars.

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The price of tin in Malaysia Stock Exchange fell on Tuesday (18/10). Falling prices depressed weakening Wall Street and Europe overnight. Stocks closed lower in late trading Tuesday morning pressure drop in oil prices. Investors were also cautious digest a number of earnings results, the statement of key economic data and Federal Reserve officials.

 

The Dow Jones Industrial Average fell 51.98 points, or 0.29 percent, to finish at 18,086.4. The S & P 500 fell 6.48 points, or 0.3 percent, to close at 2,126.5. The Nasdaq composite index slipped 14.34 points, or 0.27 percent, to close at 5,199.82.

 

European stock markets closed in the red on Monday (17/10) with investors cautious ahead of a meeting of the European Central Bank (ECB) to come and digest corporate earnings and oil prices.

 

The industrial metals prices traded at 19,500 dollars per tonne, a decrease of -80 dollars or -0.41 percent from its previous close at 19 580. Analyst estimates that at the next trade will face support level at 19,300 dollars and 19,100 dollars. But if there is an increase, will face resistance at  19,700 dollars and 19,900 dollars.

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The price of Tin in Malaysia Stock Exchange rose on Wednesday afternoon (19/10). The increase in the price of tin supported the positive sentiment on Wall Street and a strengthening of Europe as well as the steady growth of the Chinese economy. Stocks closed higher in late trading on Wednesday morning quarterly profit driven strong performance of issuers and rising crude oil. 

 

European stock exchanges posted solid gains at the close of trading on Tuesday night (18/10), supported a sharp rise in mining stocks, while investors also digested earnings reports issuer. Pan-European index STOXX 600 ended 1.5 percent higher.

 

China's economy grew 6.7 percent in the third quarter from a year earlier, steady from the previous quarter and in line with market expectations, with increased government spending and the property boom offset weak exports. Similarly, the release of the National Bureau of Statistics (NBS) of China on Wednesday (19/10).

 

Analysts polled by Reuters had forecast gross domestic product (GDP) grew 6.7 percent in the period from July to September, unchanged from the second quarter and the first quarter.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,800 dollars per ton, up $ 300 dollars, or 1.54 percent from its previous close at 19,500. Tonight will be released the data Building Permits and Housing Starts September indicated ride. If these results are realized, it will strengthen the US dollar.

 

Tin's price at the next trade will weaken limited to the potential strengthening of US dollar. Price will face support level at 19,600 dollars and 19,400 dollars. But if there is an increase, the price of tin will face resistance level at 20,000 dollars and 20,200 dollars.

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The price of tin in Malaysia Stock Exchange rose on Thursday afternoon. The increase in the price of tin supported the positive sentiment on Wall Street and a strengthening of Europe. Stocks closed higher in late trading on Thursday morning, boosted earnings reports issuer better than expected and rising oil prices.

 

European stock exchanges closed in the green zone at the end of trading on Wednesday night (19/10), supported by rising oil prices because, while investors were also cautious ahead of the release of the data and the Federal Reserve meeting of the European Central Bank (ECB) on Thursday.

 

Since that Tin futures price on Malaysia commodity exchange observed a rise today. The industrial metals prices traded at 20,000 dollars per ton, up $ 200 dollars, or 1.01 percent from its previous close at 19,800. Tonight will be released September Existing Home Sales data is indicated a bull sentiment. If these results are realized, it will strengthen the US dollar.

 

Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of the US dollar. Price will face support level at 19,800 dollars and 19,600 dollars. But if there is an increase, the price of tin will face resistance level at 20,200 dollars and 20,400 dollars.

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The price of Tin in Malaysia Stock Exchange fell in trading Friday (17/10). Falling prices depressed the strengthening US dollar. The US dollar index hit a seven-month high against a basket of currencies and a three-month peak against the euro after the European Central Bank kept interest rates unchanged.

 

Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin in Malaysia observed commodity exchanges declined today. The industrial metals prices traded at 19,900 dollars per ton, down $ 100 dollars or 0.5 percent from its previous close at 20,000.

 

Analyst estimates that Tin price movements at the next trade is potentially weak if US dollar continue to strengthen. Price will face the support level at 19,700 dollars and 19,500 dollars. But if there is an increase, the price of tin will face resistance level at 20,100 dollars and 20,300 dollars.

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Tin's future price in Malaysia Stock Exchange rose on Tuesday afternoon (25/10). The increase in the price of tin supported strengthening the positive sentiment on Wall Street. US stocks closed higher at the end of trading on Tuesday morning (25/10) report positive earnings news supported issuers and increased manufacturing growth, but gains were restrained strengthening US dollar and falling oil prices.

 

The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 20,100 dollars per tonne, up by 50 dollars, or 0.25 percent from its previous close at 20 050. Tonight will be released house price data in August and CB Consumer Confidence is expected to decline in October. If realized could weaken the US dollar

 

Malaysian tin price movement in trading the potential to strengthen further limited by the weaker US dollar. Price will face the resistance level at around 20,300 dollars and 20,500 dollars. But if there is a decrease, the price of tin will face a support level at 19,900 dollars and 19,700 dollars.

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Tin's price movement on Malaysia Stock Exchange rose on wednesday afternoon(26/10). The increase in the price of tin supported positive sentiment rising Chinese consumer optimism. Consumer sentiment in China edged up to its highest in six months in October by the willingness of consumers to shop increases, a private survey showed on Wednesday.

The Westpac Consumer Sentiment Indicator MNI China rose to 117.1 in October from 115.2 in September, Westpac said in a statement. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 20,300 dollars per ton, up $ 200 dollars, or 1.00 percent from its previous close at 20,100.

Analyst estimates that tin price movement in next trading has potential to strengthen further limited by the weaker US dollar. Price will face the resistance level at position 20,500 dollars and 20,700 dollars. But if there is a decrease, the price of tin will face a support level at 20,100 dollars and 19,900 dollars.

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Tin price on Malaysian bourse rose on Thursday afternoon (27/10). The increase in the price of tin supported the weakening of the US dollar. The dollar index slipped after rising as high as 99.119 on Tuesday, largely driven by expectations of a US interest rate hike in December.

 

A weaker US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing and the industrial metals prices traded at 20,500 dollars per ton, an increase of 200 dollars or 1.0 percent from the previous close of 20.300.  Tonight will be released data Durable Goods Orders and Pending Home Sales: US September indicated increased. If realized, it will boost the US dollar.

 

Analyst estimates that Malaysian tin price movement in trading potentially weakening further limited by the strengthening US dollar. Price will face the Support level at  20,300 dollars and if able to break it will fall towards 20,100 dollars. 

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The price of  Tin in Malaysia Stock Exchange rose on Monday afternoon (31/10). The increase in the price of tin supported by the weakening US dollar. US dollar slipped from three-month highs against the yen and fell against the euro at the weekend after US government data showed a slowdown in US consumer spending in the third quarter of shadowing third-quarter economic growth was stronger than expected.

 

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 observed a rise today. The industrial metals prices traded at 20 550 dollars per ton, up by 50 dollars, or 0.2 percent from its previous close at 20,500. Weekly Malaysian market tin price increased 2.3 percent, largely supported the strengthening of Wall Street and the Shanghai exchange and the weakening US dollar.

 

Tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face the level of support at around 20.250 dollars and 20.050 dollars. But if there is an increase, the price of tin will face resistance level at 20,750 dollars and 20,950 dollars.

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Tin's price on Malaysia Stock Exchange rose this afternoon. The increase in the price of tin supported by growth of Chinese manufacturing. Activity in China's manufacturing sector grew at the fastest pace in more than two years in October, adding to the view that the second largest economy in the world is stable thanks to a surge in construction.

Official Purchasing Managers' Index (PMI) stood at 51.2 in October, compared with 50.4 the previous month and above the 50-point line that separates growth from contraction on a monthly basis. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 20.650 dollars per ton, up $ 100 dollars or 0.5 percent from its previous close at 20 550.

Analyst estimates that Malaysian tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face suport level at around 20,450 dollars and 20 250 dollars. But if there is an increase, the price of tin will face resistance level at 20,850 dollars and 21 050 dollars.

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The Tin price on Malaysia bourse seems fall down on Thursday. The Tin price decline depressed Wall Street exchanges and weakening Europe overnight. U.S. stock exchanges closed lower in late trading Thursday on Wednesday (03/11) after the Federal Reserve maintain interest rates unchanged, while worries about U.S. presidential election still weighs on investor sentiment.

 

The price of Tin in Malaysia bourse ended up declining commodity these days. This industrial metal prices traded at 20,750 dollars per tonne, falling down by 50 dollar or 0.2 percent from the previous closing on 20,800. The data will be released later this evening the ISM Non Manufacturing PMI October indicated weakening. If unrealized will depress the U.S. dollar.

 

Analyst estimated that Malaysia Tin price movement on the trade would move up if the U.S. dollar weakened unrealized. Price will face the resistance at 20,950 and 21,150 dollar. But if there is a downturn, the price of Tin will face the Support level at 20,550 and 20,350 dollar.

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The price of tin in Malaysia Stock Exchange rose on Friday afternoon (04/11). The increase in the price of tin supported by the weakening US dollar. The political situation is still dominating currency markets on Thursday in which the US election concerns USD continue to weaken against yen.

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 traded at 21.150 dollars per ton, an increase of 400 dollars or 1.9 percent from its previous close at 20,750.

Analyst estimates that Tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face support level at around 20,950 dollars and 20,750 dollars. But if there is an increase, the price of tin will face resistance level at 21 350 dollars and 21 550 dollars.

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The price of tin in Malaysia Stock Exchange rose on Monday afternoon. The increase in the price of tin supported by dollar weakness overnight. US dollar slipped on Friday with anxiety ahead of the US presidential election approaching, despite a steady US employment report which supports expectations for Federal Reserve interest rate hike next month.

 

The weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing, with this Tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 21 530 dollars per ton, up $ 380 dollars, or 1.8 percent from its previous close at 21.150.

 

Analyst estimates that tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face support level at 21,300 dollars and 21,100 dollars. But if there is an increase, the price of tin will face resistance level at 21,700 dollars and 21,900 dollars.

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The price of tin on Malaysia Stock Exchange fell in trading Wednesday (17/10). Falling prices depressed the strengthening US dollar. The US dollar rose overnight against other major currencies triggered the market's confidence Hillary Clinton victory in the US Presidential election.

 

Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases and Tin's price declined today, where the price traded at 21,700 dollars per ton, down $ 300 dollars or 1.4 percent from its previous close at 22,000.

 

Analyst estimates that Malaysian tin price movements at the next trade is projected to rise by US dollar weakness. Price will face the resistance level at position 22,000 dollars and 22,300 dollars. But if there is weakening, the price of tin will face a support level at 21,400 dollars and 21,100 dollars.