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SHFE 1709 Tin Ends with Decline (2017-7-4)
Jul 4,2017 18:08CST
SMM Comments
Source:SMM
On Tuesday, SHFE 1709 tin fell to RMB 144,600/mt after opening at RMB 145,760/mt.

SHANGHAI, Jul. 4 (SMM) –On Tuesday, SHFE 1709 tin fell to RMB 144,600/mt after opening at RMB 145,760/mt. The most active rallied to RMB 145,200/mt, but then fell again to around RMB 144,500/mt, and finally ended down RMB 740/mt or 0.51% at RMB 144,760/mt. Trading volumes increased 5,576 lots to 16,606 lots, and positions decreased 520 lots to 21,638 lots. Domestic commodity market fell across the board. SHFE 1709 tin failed to break through resistance at RMB 146,000/mt and will move at RMB 141,000-146,000/mt in the short term.   


 

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