SHFE 1609 Tin Ends with Big Loss (2016-7-8)

Published: Jul 8, 2016 17:45
On Thursday’s night trading, SHFE 1609 tin opened at RMB 117,880/mt, and ended at RMB 116,640/mt.

SHANGHAI, Jul. 8 (SMM) – On Thursday’s night trading, SHFE 1609 tin opened at RMB 117,880/mt, and ended at RMB 116,640/mt. 

On Friday, the most active contract fell to RMB 113,840/mt after opening at RMB 116,400/mt as investors cut bullish bets. Prices recovered some losses later, but still ended down RMB 2,020/mt or 1.73% at RMB 114,900/mt. Trading volumes were down 9,382 lots to 24,224 lots, and positions were down 1,122 to 12,776. 







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SHFE 1609 Tin Ends with Big Loss (2016-7-8) - Shanghai Metals Market (SMM)