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Tin Sees Largest Daily Gain on Jul. 4, SMM Reports

iconJul 4, 2016 10:54
Source:SMM
Prices of SMM #1 tin are up 8,750 yuan per tonne on Jul. 4, the record-high daily gain, Shanghai Metals Market reports.

SHANGHAI, Jul. 4 (SMM) – Prices of SMM #1 tin are up 8,750 yuan per tonne on Jul. 4, the record-high daily gain, Shanghai Metals Market reports.  

On Jul. 4, Prices of SMM #1 tin are 119,500-122,500 yuan per tonne, averaging 121,000 yuan, up as high as 8,750 yuan, according to SMM data.  

SHFE 1609 tin hit daily upside limit again during last Friday’s night session, and is expected to trade at 117,000-120,000 yuan per tonne.

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