SHANGHAI, Dec. 28 (SMM) – SHFE 1605 tin was range-bound during last Friday’s night session, but will swing more wildly between RMB 93,500-94,500/mt on Monday.
See forecast for other base metals, please click: Base Metals to See Light Trading in Pre-holiday Week, with Firm Prices, SMM Says
Growing supply will put downward pressure in spot tin prices in Shanghai. But stable SHFE aluminum will put a floor. Mainstream traded prices are expected at RMB 95,500-97,500/mt.