SHANGHAI, Sept. 28 (SMM) –SHFE 1601 tin opened at RMB 99,000/mt on Friday. The most active contract moved around RMB 99,030/mt and ended up RMB 240/mt or 0.24% at RMB 98,980/mt. Trading volumes were up 50 lots and 354 lots, and positions were down lots to 764.
In Shanghai spot tin market, trading was modest, despite upcoming week-long holiday. Mainstream traded prices were RMB 97,800-98,800/mt on September 25. Goods from Yunnan Tin Group traded at RMB 98,800-99,000/mt.