SHANGHAI, Sep. 15 (SMM) –LME tin will remain weak in the short term, with support at USD 20,400/mt. SHFE 1801 tin fell after a high opening during Thursday’s night session, meeting resistance at the 10-day moving average. The contract should move mainly within RMB 144,000-146,000/mt today.
In Shanghai spot market, weak SHFE tin will sour market sentiment. Mainstream traded prices will be RMB 142,000-143,500/mt.