SHANGHAI, Jun. 29 (SMM) –LME tin will challenge resistance at the 10-day and 20-day moving averages due to a weaker dollar. SHFE 1709 tin will move mainly at RMB 143,500-145,000/mt today.
In Shanghai spot tin market, prices of goods from Yunnan Tin Group will hold firm due to tight supply. Mainstream traded prices will rise slightly to RMB 140,000-143,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2017-6-29)
![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)
