Home / Metal News / Aluminium / SHFE Tin Ends Up RMB 640/mt (Apr. 24, 2015)
SHFE Tin Ends Up RMB 640/mt (Apr. 24, 2015)
Apr 24,2015 18:43CST
price review forecast
Source:SMM
On Friday, SHFE 1507 tin contract opened at RMB 113,350/mt.

      

SHANGHAI, Apr. 24 (SMM) – On Friday, SHFE 1507 tin contract opened at RMB 113,350/mt. The most active contract touched day’s high of 113,950/mt and day’s low of RMB 112,750/mt before ending up RMB 640/mt at RMB 113,940/mt. Trading volumes were down 2,088 lots to 3,310 lots, and positions were up 58 to 2,526.   
 
Indonesia’s large tin smelter PT Refind Bangka Tin announced that it will cut output to 420 mt in April and 200 mt or even less in May. Timah also announced production cuts earlier. However, this news has yet to give a boost to tin prices. 
 
 
 
 
 
 
SHFE tin prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news