SHFE 1507 tin hovered around RMB 115,800/mt on Monday.
SHANGHAI, Apr. 13 (SMM) – SHFE 1507 tin hovered around RMB 115,800/mt on Monday. Bears exited when prices were around RMB 115,300/mt, but bears reentered after prices rose above RMB 116,000/mt. The contract ended down RMB 50/mt at RMB 115,940/mt. Trading volumes dropped by 790 lots to 1,628 lots, while positions increased by 92 to 1,008. SHFE 1507 tin contract is expected to move between RMB 115,000-116,500/mt during today’s night session.
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