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[Sn Price] SHFE Tin Ends Down RMB 1,260/mt (Aug. 5, 2015)
Aug 5, 2015 17:31Source:SMM
SHFE 1509 tin opened at RMB 108,140/mt on Wednesday.
SHANGHAI, Aug. 5 (SMM) –SHFE 1509 tin opened at RMB 108,140/mt on Wednesday. The metal fell to RMB 106,900/mt, but then recovered some losses, and ended down RMB 1,260/mt at RMB 107,490/mt. Trading volumes were down 500 lots to 1,078 lots, and positions were up 48 lots to 1,792 lots. US ADP employment report for July will be released tonight. SHFE 1509 tin is expected to test support at RMB 107,000/mt during today’s night session.
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