Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, May 22 (SMM) –SHFE 1709 tin broke through previous high of RMB 145,800/mt during last Friday’s night session on long buying, and ended at RMB 146,460/mt.
On Monday, SHFE 1709 tin opened at RMB 146,450/mt, and jumped to RMB 147,660/mt. But, the most active contract then fell back to around RMB 145,000/mt as longs took profit, ending the day up RMB 910/mt or 0.63% at RMB 145,150/mt. Trading volumes were up 8,970 lots to 26,512 lots, and positions were up 602 lots to 17,480 lots. SHFE 1709 tin should challenge resistance at RMB 145,800/mt in the short term.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn