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SHFE 1709 Tin Ends with Big Gains (2017-6-29)

Published: Jun 29, 2017 17:27
On Thursday, SHFE 1709 tin opened at RMB 144,450/mt.

SHANGHAI, Jun. 29 (SMM) –On Thursday, SHFE 1709 tin opened at RMB 144,450/mt. The most active fell back after rising to near RMB 145,000/mt, but rebounded in the afternoon to RMB 145,330/mt thanks to long buying. Finally, SHFE 1709 tin ended up RMB 1,480/mt or 1.03% at RMB 145,190/mt. Trading volumes decreased 2,280 lots to 14,526 lots, and positions increased 1,086 lots to 20,662 lots. Ferrous metals prices shot up, giving a boost to nonferrous metals prices. SHFE 1709 tin will challenge resistance at RMB 146,000/mt. 


 

Sn pricetin pricesSHFE tin prices

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

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SHFE 1709 Tin Ends with Big Gains (2017-6-29) - Shanghai Metals Market (SMM)