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.