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

iconApr 29, 2016 16:42
Source: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.

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. 





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