SHANGHAI, Jun. 9 (SMM) – LME tin dropped to USD 22,910/mt after opening at USD 23,140/mt last Friday. The metal, however, rebounded later in the day on encouraging US non-farm employment data, finishing the day at USD 23,150/mt.
LME tin should move between USD 23,000-23,600/mt on Monday. In Shanghai physical tin market, supply and demand will hold stable, with prices expected between RMB 139,000-140,500/mt.