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SHFE Tin Ends Down RMB 550/mt (Aug. 26, 2015)
Aug 26,2015 17:34
CSTprice review forecast
Source:SMM
SHFE 1509 tin moved around RMB 101,100/mt for most of the day after opening at RMB 100,810/mt on Wednesday.
SHANGHAI, Aug. 26 (SMM) – SHFE 1509 tin moved around RMB 101,100/mt for most of the day after opening at RMB 100,810/mt on Wednesday. The metal dived in the afternoon due to exit of longs, and ended down RMB 550/mt or 0.55% at RMB 100,210/mt. Trading volumes were down 216 lots to 566 lots, and positions were down 92 lots to 1,104 lots. SHFE 1509 tin should test support at RMB 100,000/mt tonight.
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