SHANGHAI, Aug. 29 (SMM) – LME tin will face downward pressure from growing geopolitical risks. SHFE 1709 tin fell during Tuesday’s night session, and should move mainly within RMB 143,000-145,200/mt today.
Weak SHFE tin will keep spot tin prices in Shanghai in check at RMB 143,500-145,000/mt.
Key Macroeconomic Indicators for Base Metal Prices (2017-8-30)

![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)
