SHANGHAI, Mar. 2 (SMM) –LME tin stocks kept falling. This will offer LME tin momentum to challenge resistance at USD 16,200/mt on Wednesday.
SHFE 1605 tin went down after a high opening during Tuesday’s night session, and is expected to move at lows of RMB 103,400-104,400/mt today.
In Shanghai spot tin market, weak SHFE tin will keep mainstream traded prices in check between RMB 104,000-107,500/mt.