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

Published: Apr 23, 2015 17:39

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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

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