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On Tuesday, SHFE 1609 tin jumped to RMB 106,210/mt after starting at RMB 105,470/mt. But prices then fell back to RMB 105,600/mt due to profit-taking by longs. Finally, the most active contract ended at RMB 105,510/mt. Trading volumes were down 4,436 lots to 19,434 lots, and positions were down 246 to 12,114. The contract should move at highs tomorrow.
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