SHANGHAI, Aug. 12 (SMM) –SHFE 1509 tin opened at RMB 109,760/mt on Tuesday. The contract hovered around RMB 109,400/mt for most of the day, and ended the day up RMB 680/mt or 0.63% at RMB 108,490/mt. Trading volumes were up 384 lots to 1,200 lots, and positions were down 84 lots to 1,506 lots.
In Shanghai spot tin market, mainstream traded prices inched up to RMB 107,800-109,000/mt on August 11, tracking SHFE tin. Goods from Yunnan Tin Group traded at RMB 108,800-109,000/mt.