SHANGHAI, Aug. 7 (SMM) –LME tin will challenge USD 20,900/mt and test support at USD 20,200/mt today. SHFE 1709 tin closed at below the 5-day moving average during last Friday’s night session, and should move mainly at RMB 146,700-148,000/mt today.
In Shanghai spot tin market, pullback in SHFE tin will drag spot prices down. Supply of small brand goods remains tight. Mainstream traded prices are expected at RMB 146,000-148,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2017-8-7)
![Les vents contraires macroéconomiques s'atténuent légèrement, couplés à une activité de marché soutenue, le contrat d'étain le plus négocié au SHFE rebondit après un repli [Revue de midi SMM sur l'étain]](https://imgqn.smm.cn/usercenter/cUElw20251217171752.jpg)
![Stock de l'étain au LME : 4 890 t, en baisse de 230 t ; la hausse des taux du FOMC en septembre est quasi certaine, surveiller la décision [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/Ftgzr20251217171751.jpg)
