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SMM Tin Market Daily Review (2015-5-27)
May 28, 2015 10:17Shorts closed positions on the SHFE after SHFE 1507 tin contract slumped.
SHANGHAI, May 28 (SMM) – Shorts closed positions on the SHFE after SHFE 1507 tin contract slumped. Hedged goods thus flooded into spot market, sending mainstream traded prices in Shanghai down to RMB 114,700-116,500/mt on Wednesday. Goods from Yunnan Tin Group traded at RMB 116,500/mt.
Shanghai tin prices
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