SHFE Tin Ends with Losses (2016-2-16)-Shanghai Metals Market

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SHFE Tin Ends with Losses (2016-2-16)

Price Review & Forecast 04:50:32PM Feb 16, 2016 Source:SMM

SHANGHAI, Feb. 16 (SMM) –SHFE 1605 tin opened at RMB 99,760/mt on Tuesday. The contract dropped to RMB 99,000/mt on short selling, but then rebounded to RMB 99,210-99,540/mt. Finally, it ended down RMB 740/mt at RMB 99,190/mt. Trading volumes were up 6,224 lots to 12,660 lots, and positions were up 682 to 7,630. 





 


SHFE Tin Ends with Losses (2016-2-16)

Price Review & Forecast 04:50:32PM Feb 16, 2016 Source:SMM

SHANGHAI, Feb. 16 (SMM) –SHFE 1605 tin opened at RMB 99,760/mt on Tuesday. The contract dropped to RMB 99,000/mt on short selling, but then rebounded to RMB 99,210-99,540/mt. Finally, it ended down RMB 740/mt at RMB 99,190/mt. Trading volumes were up 6,224 lots to 12,660 lots, and positions were up 682 to 7,630.