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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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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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SHFE Tin Extends Declines (2016-3-31)

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