SHANGHAI, Jun. 20 (SMM) –LME tin will meet resistance at the 20-day and 60-day moving averages and range USD 19,300-19,900/mt. SHFE 1709 tin dropped slightly overnight and will move mainly at RMB 143,500-145,000/mt.
In Shanghai spot tin market, pullback in SHFE tin will send mainstream traded prices down to RMB 140,500-142,500/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-6-19)

![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)
