SHFE Tin Ends Down RMB 50/mt (Apr. 13, 2015)

Published: Apr 13, 2015 16:53
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. 
 
 
 
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn