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Home / Metal News / SHFE 1709 Tin Ends with Big Gains (2017-5-17)

SHFE 1709 Tin Ends with Big Gains (2017-5-17)

May 17, 2017 17:06

Source:SMM

SHFE 1709 tin was range-bound during Tuesday’s night session, and ended at RMB 141,490/mt.

SHANGHAI, May 17 (SMM) –SHFE 1709 tin was range-bound during Tuesday’s night session, and ended at RMB 141,490/mt.

On Wednesday, SHFE 1709 tin jumped to RMB 143,360/mt on long buying after opening at RMB 141,590/mt. The most active contract ended the day up RMB 2,280/mt or 1.62% at RMB 143,190/mt. Domestic commodity market rose across the board. It remains to be seen whether SHFE tin will sustain gains. SHFE 1709 tin should challenge RMB 144,500/mt during today’s night session.

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

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SHFE 1709 Tin Ends with Big Gains (2017-5-17)

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