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Home / Metal News / SHFE Tin Extends Declines (2016-3-31)

SHFE Tin Extends Declines (2016-3-31)

Mar 31, 2016 17:37

Source:SMM

Short selling sent SHFE 1605 tin down to RMB 103,010/mt on Thursday after opening at RMB 105,240/mt.

SHANGHAI, Mar. 31 (SMM) – Short selling sent SHFE 1605 tin down to RMB 103,010/mt on Thursday after opening at RMB 105,240/mt. Finally, the most active contract ended down RMB 1,600/mt or 1.52% at RMB 103,490/mt. Trading volumes were up 1,756 lots to 69,430 lots, and positions were up 926 to 19,814. SHFE 1605 tin is expected to fall to RMB 102,000/mt in the short term.

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SHFE Tin Extends Declines (2016-3-31)

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