SHFE Tin Ends Up RMB 430/mt as Bears Exit (Apr. 23, 2015)

Published: Apr 23, 2015 17:39

Save

On Thursday, SHFE 1507 tin contract opened at RMB 113,400/mt.

SHANGHAI, Apr. 23 (SMM) – On Thursday, SHFE 1507 tin contract opened at RMB 113,400/mt. The most active contract touched day’s high of 113,760/mt and day’s low of RMB 112,960/mt before ending up RMB 430/mt at RMB 113,300/mt. Trading volumes fell 2,560 lots to 3,310 lots, with positions down 270 to 2,468.

LME tin dropped to USD 15,450/mt during today’s Asian trading hours, which might leave. SHFE 1507 tin contract vulnerable at RMB 111,800/mt during today’s night session.

SHFE tin prices

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

Related News

16 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

16 hours ago

17 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

17 hours ago

Ningbo Xinlin Mold's Anhui Pilot Center for Mg-Al Alloy & Semi-Solid Molding Officially Operational

[SMM News] It was reported that the magnesium and aluminum alloy and semi-solid mold R&D pilot center of the Anhui Luan Die-casting Mold Plant No. 3 of Ningbo Xinlin Mold Technology Co., Ltd. was officially put into operation recently. The plant had commenced production in May 2024, and the launch of the pilot center marked a key breakthrough for Xinlin Mold in capacity layout, technological R&D, and market expansion, which will further strengthen its competitiveness in the high-end die-casting mold sector.

17 hours ago