SHANGHAI, Jun. 2 (SMM) – Trump’s plan to withdraw from Paris climate agreement will add to uncertainty to US economy. LME tin will move around moving averages. SHFE 1709 tin consolidated during Thursday’s night session, and should move between RMB 142,500-144,500/mt today.
In Shanghai spot tin market, high inventories will keep mainstream traded prices in check at RMB 140,000-142,000/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-6-2)
![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
