SHFE 1609 Tin Ends with Small Gains (2016-8-12)

Published: Aug 12, 2016 19:11

Save

On Thursday’s night trading, SHFE 1609 tin opened at RMB 123,180/mt, and ended at RMB 123,720/mt.

SHANGHAI, Aug. 12 (SMM) – On Thursday’s night trading, SHFE 1609 tin opened at RMB 123,180/mt, and ended at RMB 123,720/mt.

On Friday, the most active contract started at RMB 123,790/mt, and ended the day up RMB 710/mt or 0.57% at RMB 124,330/mt. Trading volumes were down 8,346 lots to 12,300 lots, and positions were down 676 to 13,784. Value-added at above-scale Chinese industrial enterprises rose 6.0% YoY in July, lower than expected. Fixed asset investment continued weakening and property market cooled further. These dampened market sentiment.

Sn price tin prices SHFE tin prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn