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SHFE Tin Closes Down RMB 1,700/mt as Bulls Exit (May 12, 2015)
May 12,2015 17:08CST
price review forecast
Source:SMM
On Monday night, SHFE 1507 tin contract jumped to RMB 121,930/mt after opening at RMB 121,100/mt, but then fell back.

         

SHANGHAI, May 12 (SMM) – On Monday night, SHFE 1507 tin contract jumped to RMB 121,930/mt after opening at RMB 121,100/mt, but then fell back. On Tuesday, the contract extended losses and ended down RMB 1,700/mt at RMB 119,970/mt. Trading volumes were up 3,418 lots to 17,242 lots, and positions were down 78 to 7,502. Prices are expected to test support at RMB 118,500/mt during today’s night session.      
 
 
 
 
 
 
SHFE tin prices

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