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Home / Metal News / SHFE Tin Prices Up 1.12% (2016-12-29)

SHFE Tin Prices Up 1.12% (2016-12-29)

Dec 29, 2016 17:07

Source:SMM

SHFE 1705 tin opened at RMB 146,260/mt and finally ended at RMB 147,810/mt, up RMB 1,630/mt or 1.12%.

SHANGHAI, Dec. 29 (SMM) – SHFE 1705 tin, becoming the most actively traded one, fluctuated at around RMB 146,300/mt and finally closed at RMB 146,500/mt on Wednesday’s night trading.

On Thursday, SHFE 1705 tin opened at RMB 146,260/mt and then advanced to RMB 148,400/mt. The contract finally ended at RMB 147,810/mt, up RMB 1,630/mt or 1.12%. Trading volumes rose 3,628 to 13,184 lots and positions increased 1,864 to 8,600.

SHFE 1701 tin will fluctuate firmly for the foreseeable future with support at RMB 146,000/mt and resistance at RMB 150,000/mt.

SHFE tin

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