SHANGHAI, Aug. 23 (SMM) –LME tin should test resistance at USD 20,900/mt today and support at USD 20,000/mt. SHFE 1709 tin fell sharply overnight and closed at close to RMB 142,000/mt. The contract will fall further to RMB 137,000/mt today if it loses support at RMB 141,000/mt.
In Shanghai spot tin market, falling SHFE tin will push mainstream traded prices down to RMB 141,500-143,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2017-8-23)



