SHANGHAI, Apr. 16 (SMM) – SHFE 1507 tin contract hovered opened at RMB 113,200/mt on Thursday. The most active contract touched day’s high of RMB 113,700/mt and day’s low of RMB 111,010/mt before finishing RMB 650/mt lower at RMB 112,880/mt. Bears still dominated the market. Trading volumes decreased by 266 lots to 3,866 lots, while positions increased by 270 to 1,962. SHFE 1507 tin contract is expected to test support at RMB 112,000/mt during today’s night session.