 LME tin opened at USD 22,424/mt last Friday. 

SMM Zinc Market Morning Review (2014-8-11)

<div>SHANGHAI, Aug. 11 (SMM) &ndash; LME tin opened at USD 22,424/mt last Friday. The metal touched day&rsquo;s high of USD 22,445/mt and day&rsquo;s low of USD 22,267/mt before closing down USD 25/mt at USD 22,375/mt. Trading volumes were down 42 lots to 97 lots, with positions down 9 lots to 23,203 lots.&nbsp;</div>
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<div>China registered double-digit growth in exports in July, helping lift its trade surplus to record high. However, escalating geopolitical tensions dampened market sentiment. &nbsp;</div>
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<div>Positive Chinese economic data mixed with growing geopolitical tensions will keep LME tin in check within USD 22,300-22,800/mt on Monday. In Shanghai physical tin market, stable supply and demand should leave mainstream traded prices stable between RMB 139,500-141,500/mt. &nbsp;</div>
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