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SHANGHAI, Apr. 14 (SMM) – On Thursday’s night trading, SHFE 1705 tin fluctuated between the 5 and 10-day moving averages and closed at RMB 142,460/mt. On Friday, SHFE 1705 tin opened at RMB 142,930/mt and then dropped slightly, down as low as RMB 140,880/mt. The contract declined RMB 490/mt or 0.35%. Trading volumes dropped 7,294 to 11,530 lots and positions fell 78 to 12,204.
SHFE 1705 tin will remain range-bound trading for a short term.
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