SHANGHAI, Jul. 17 (SMM) –SHFE 1509 tin contract opened at RMB 110,060/mt on Friday. Exit of shorts and entry of longs pushed the contract up in the afternoon. Finally, it ended up RMB 1,140/mt or 1.04% at RMB 110,490/mt. Rising LME tin during today’s Asian trading hours should offer support for SHFE 1509 tin at RMB 110,000/mt tonight.
[Sn Price] SHFE Tin Ended Up RMB 1,140/mt (Jul. 17, 2015)
SHFE 1509 tin contract opened at RMB 110,060/mt on Friday.
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