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SHFE Tin Ends Up RMB 2,070/mt (2016-5-3)
May 3, 2016 18:16Source:SMM
SHFE 1609 tin became the most active one on Tuesday.
SHANGHAI, May 3 (SMM) –SHFE 1609 tin became the most active one on Tuesday. China’s official manufacturing PMI fell in April and missed forecast. This soured market sentiment, sending SHFE 1609 tin down. But the most active contract rebounded in the afternoon, and closed up RMB 2,070/mt or 1.88% from previous trading day at RMB 112,400/mt. Trading volumes were down 3,672 lots to 9,112 lots, and positions were up 350 to 9,918.
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