On Friday, SHFE 1507 tin contract fell RMB 1,210/mt to close the day at RMB 117,980/mt.
SHANGHAI, May 22 (SMM) – On Friday, SHFE 1507 tin contract fell RMB 1,210/mt to close the day at RMB 117,980/mt. Trading volumes were down 14,200 lots to 23,976 lots, and positions were down 284 to 6,632. Some traders closed long positions on the SHFE while selling hedged goods in spot market.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.