SHFE 1609 Tin Ends with Big Gains (2016-5-26)-Shanghai Metals Market

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SHFE 1609 Tin Ends with Big Gains (2016-5-26)

Price Review & Forecast 05:59:30PM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – On Wednesday’s night trading, SHFE 1609 tin opened at RMB 104,800/mt, and ended at RMB 105,220/mt. 

On Thursday, SHFE 1609 tin started at RMB 105,260/mt, and ended the day up RMB 1,810/mt or 1.73% from previous trading day at RMB 106,500/mt. Trading volumes were up 2,904 lots to 18,336 lots, and positions were down 446 to 12,030. The most active contract will test resistance at the 10-day moving average tonight.  



 

   


SHFE 1609 Tin Ends with Big Gains (2016-5-26)

Price Review & Forecast 05:59:30PM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – On Wednesday’s night trading, SHFE 1609 tin opened at RMB 104,800/mt, and ended at RMB 105,220/mt. 

On Thursday, SHFE 1609 tin started at RMB 105,260/mt, and ended the day up RMB 1,810/mt or 1.73% from previous trading day at RMB 106,500/mt. Trading volumes were up 2,904 lots to 18,336 lots, and positions were down 446 to 12,030. The most active contract will test resistance at the 10-day moving average tonight.