SHFE 1709 Tin Ends with Big Loss (2017-6-20)-Shanghai Metals Market

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SHFE 1709 Tin Ends with Big Loss (2017-6-20)

Price Review & Forecast 05:55:34PM Jun 20, 2017 Source:SMM

SHANGHAI, Jun. 20 (SMM) –On Tuesday, SHFE 1709 tin opened at RMB 144,110/mt. The contract touched a low of RMB 142,950/mt, and finally ended down RMB 1,500/mt or 1.04% at RMB 143,230/mt. Trading volumes decreased 8,056 lots to 13,668 lots, and positions were unchanged at 19,834 lots. SHFE 1709 tin will test support at RMB 141,000/mt and resistance at RMB 146,000/mt in the short term.   

 

SHFE 1709 Tin Ends with Big Loss (2017-6-20)

Price Review & Forecast 05:55:34PM Jun 20, 2017 Source:SMM

SHANGHAI, Jun. 20 (SMM) –On Tuesday, SHFE 1709 tin opened at RMB 144,110/mt. The contract touched a low of RMB 142,950/mt, and finally ended down RMB 1,500/mt or 1.04% at RMB 143,230/mt. Trading volumes decreased 8,056 lots to 13,668 lots, and positions were unchanged at 19,834 lots. SHFE 1709 tin will test support at RMB 141,000/mt and resistance at RMB 146,000/mt in the short term.