SHANGHAI, May 26 (SMM) – On Tuesday, SHFE 1507 tin contract fell to RMB 118,210/mt early in the day, but rallied later. Finally, the contract closed up RMB 680/mt or 0.58% at RMB 118,270/mt. Trading volumes were down 6,932 lots to 18,802 lots, and positions were down 196 to 6,648. SHFE 1507 tin contract is expected to test resistance at RMB 121,000/mt and find support at RMB 115,000/mt in the short term.
SHFE Tin Ends Up RMB 680/mt (May 26, 2015)
On Tuesday, SHFE 1507 tin contract fell to RMB 118,210/mt early in the day, but rallied later.
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