SHANGHAI, Jul. 4 (SMM) –LME tin will hover at highs and test resistance at USD 20,600/mt today. SHFE 1709 tin jumped to RMB 146,600/mt during Monday’s night session and will move mainly at RMB 145,300-146,500/mt today.
In Shanghai spot tin market, strong SHFE tin will support spot prices. Delivery brand goods from Yunnan will gain favor. Mainstream traded prices are expected at RMB 141,500-144,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2017-7-4)

![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)
