SHFE 1605 Tin Rebounds after Initial Fall (2016-4-29)-Shanghai Metals Market

Hot Keywords

  • Nickel market
  • Market commentary
  • Silicon
  • zinc
  • Aluminium
  • Inventory data
  • Copper
  • Zinc
  • Production data
  • Nickel
  • Sales data
  • Morning comments
  • Stainless steel
  • Silicon metal
  • Nickel pig iron

SHFE 1605 Tin Rebounds after Initial Fall (2016-4-29)

Price Review & Forecast 04:42:52PM Apr 29, 2016 Source:SMM

SHANGHAI, Apr. 29 (SMM) – On Thursday’s night trading, SHFE 1605 tin jumped to RMB 109,340/mt after opening at RMB 107,020/mt, but then fell back to RMB 108,500/mt. 

On Friday, SHFE 1605 tin fell to RMB 107,600/mt after starting at RMB 108,600/mt, but then rebounded to near the daily moving average. Trading volumes were down 350 lots to 3,898 lots, and positions were down 560 to 9,670. 





SHFE 1605 Tin Rebounds after Initial Fall (2016-4-29)

Price Review & Forecast 04:42:52PM Apr 29, 2016 Source:SMM

SHANGHAI, Apr. 29 (SMM) – On Thursday’s night trading, SHFE 1605 tin jumped to RMB 109,340/mt after opening at RMB 107,020/mt, but then fell back to RMB 108,500/mt. 

On Friday, SHFE 1605 tin fell to RMB 107,600/mt after starting at RMB 108,600/mt, but then rebounded to near the daily moving average. Trading volumes were down 350 lots to 3,898 lots, and positions were down 560 to 9,670.