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SHFE Tin Ends at Daily Upside Limit (2016-3-3)
Mar 3, 2016 17:20Source:SMM
SHFE 1605 tin opened at RMB 107,100/mt on Thursday.
SHANGHAI, Mar. 3 (SMM) –SHFE 1605 tin opened at RMB 107,100/mt on Thursday. The most active contract hit its daily upside limit at RMB 108,540/mt and ended the day at this mark, up RMB 3,830/mt or 3.66%. Trading volumes were up 41,798 lots to 74,098 lots, and positions were up 5,866 to 20,080. Improved market liquidity and tightening supply in China gave investors incentive to raise bullish bets.
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