SHFE 1709 Tin Ends with Small Gains (2017-6-16)-Shanghai Metals Market

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SHFE 1709 Tin Ends with Small Gains (2017-6-16)

Price Review & Forecast 05:28:13PM Jun 16, 2017 Source:SMM

SHANGHAI, Jun. 16 (SMM) –On Friday, SHFE 1709 tin rose to RMB 146,200/mt, but then fell back. Finally, the most active contract ended up RMB 460/mt or 0.32% at RMB 145,600/mt. Trading volumes decreased 4,826 lots to 15,758 lots, and positions increased 120 lots to 21,356 lots. SHFE 1709 tin will test resistance at RMB 146,000/mt in the short term.   

 

SHFE 1709 Tin Ends with Small Gains (2017-6-16)

Price Review & Forecast 05:28:13PM Jun 16, 2017 Source:SMM

SHANGHAI, Jun. 16 (SMM) –On Friday, SHFE 1709 tin rose to RMB 146,200/mt, but then fell back. Finally, the most active contract ended up RMB 460/mt or 0.32% at RMB 145,600/mt. Trading volumes decreased 4,826 lots to 15,758 lots, and positions increased 120 lots to 21,356 lots. SHFE 1709 tin will test resistance at RMB 146,000/mt in the short term.