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The HSBC Flash PMI retreated to 48.7 in May from a final reading of 49.3 in April, while the euro zone composite PMI index in May fell to a 35-month low of 45.9 from 46.7 in April, with PMI data both for Germany and France lower-than-expected in May, signaling a contraction in activity. Besides, the Greek exit remained a market focus across the globe. Base metals continued downtrend with the US dollar index keeping rising.
In China’s domestic market, spot tin prices should move between RMB 154,500-155,500/mt on Friday.
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