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Home / Metal News / SHFE Tin Rebounds Significantly After Two Consecutive Days of Decline (Oct. 15, 2015)

SHFE Tin Rebounds Significantly After Two Consecutive Days of Decline (Oct. 15, 2015)

iconOct 15, 2015 17:10
Source:SMM
SHFE 1601 tin hovered around RMB 99,670/mt for most of the day after opening at RMB 99,650/mt on Thursday.

SHANGHAI, Oct. 15 (SMM) –SHFE 1601 tin hovered around RMB 99,670/mt for most of the day after opening at RMB 99,650/mt on Thursday. Finally, the most active contract ended up RMB 2,090/mt or 2.14% at RMB 99,600/mt. Trading volumes were up 1,666 lots to 2,736 lots, and positions were up 720 lots to 2,616. The price spread between SHFE tin and spot tin triggered some to buy in spot market while selling SHFE tin.  



     


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