SHFE Tin Rises on Dip-Buying (Sept. 24, 2015)
SHFE 1601 tin moved around RMB 98,510/mt after opening at RMB 98,570/mt on Thursday.
SHANGHAI, Sept. 24 (SMM) –SHFE 1601 tin moved around RMB 98,510/mt after opening at RMB 98,570/mt on Thursday. Finally, the contract ended at RMB 98,740/mt. The price rise was driven by dip-buying in the afternoon. Tonight will see the release of US weekly initial jobless claims, durable goods orders for August and new home sales.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
