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SHFE Tin Ended Down RMB 290/mt (Sept. 30, 2015)
SHANGHAI, Sept. 30 (SMM) –SHFE 1601 tin opened at RMB 97,390/mt on Wednesday. The most active contract dived at the tail of the day, and ended down RMB 290/mt. Trading volumes were down 198 lots to 498 lots, and positions were up 86 lots to 1,054. The most active contract should test support at RMB 96,200/mt after the week-long holiday, due to selling pressure at highs and ample supply in spot market.
SHFE Tin Ended Down RMB 290/mt (Sept. 30, 2015)
SHANGHAI, Sept. 30 (SMM) –SHFE 1601 tin opened at RMB 97,390/mt on Wednesday. The most active contract dived at the tail of the day, and ended down RMB 290/mt. Trading volumes were down 198 lots to 498 lots, and positions were up 86 lots to 1,054. The most active contract should test support at RMB 96,200/mt after the week-long holiday, due to selling pressure at highs and ample supply in spot market.
