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.