[Sn Price] SHFE Tin Ends at RMB 107,410/mt (Aug. 7, 2015)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Macroeconomics
  • Production data
  • Market commentary
  • Morning comments
  • Aluminium
  • Copper
  • Stainless steel
  • Mengtai Group
  • hydrogen stations
  • Nickel
  • Futures movement
  • Iron ore

[Sn Price] SHFE Tin Ends at RMB 107,410/mt (Aug. 7, 2015)

Price Review & Forecast 05:04:15PM Aug 07, 2015 Source:SMM

SHANGHAI, Aug. 7 (SMM) –SHFE 1509 tin opened at RMB 107,140/mt on Friday. The metal rose to RMB 108,080/mt due to exit of shorts, but immediately fell back to RMB 107,140/mt. Finally, it ended at RMB 107,410/mt. Trading volumes were down 672 lots to 810 lots, and positions were down 56 lots to 1,680 lots. US non-farm payrolls will be eyed tonight. The contract should find support at RMB 106,000/mt and meet resistance at RMB 109,000/mt tonight. 






Key Words:  Sn price   SHFE tin prices 

[Sn Price] SHFE Tin Ends at RMB 107,410/mt (Aug. 7, 2015)

Price Review & Forecast 05:04:15PM Aug 07, 2015 Source:SMM

SHANGHAI, Aug. 7 (SMM) –SHFE 1509 tin opened at RMB 107,140/mt on Friday. The metal rose to RMB 108,080/mt due to exit of shorts, but immediately fell back to RMB 107,140/mt. Finally, it ended at RMB 107,410/mt. Trading volumes were down 672 lots to 810 lots, and positions were down 56 lots to 1,680 lots. US non-farm payrolls will be eyed tonight. The contract should find support at RMB 106,000/mt and meet resistance at RMB 109,000/mt tonight. 






Key Words:  Sn price   SHFE tin prices