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SHFE 1709 Tin Falls Back After Hitting High (2017-7-24)
Jul 24, 2017 19:20Source:SMM
On last Friday’s night session, SHFE 1709 tin hovered narrowly around RMB 145,900/mt.
SHANGHAI, Jul. 24 (SMM) – On last Friday’s night session, SHFE 1709 tin hovered narrowly around RMB 145,900/mt.
On Monday, SHFE 1709 tin rose to near RMB 147,000/mt after opening at RMB 145,950/mt. The most active contract rose further to RMB 147,300/mt in the afternoon, but then pared some gains as longs took profit. Finally, SHFE 1709 tin ended up RMB 800/mt or 0.55% at RMB 146,540/mt. Trading volumes increased 974 lots to 17,574 lots, and positions increased 714 lots to 23,108 lots. SHFE 1709 tin should remain strong and test resistance at RMB 148,000/mt in the short term.
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Aug 23, 2017 09:36SHFE 1709 Tin Ends with Declines (2017-8-22)
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SHFE 1709 Tin Ends with Big Gains (2017-8-17)
SHFE 1709 tin followed other base metals up to around RMB 145,000/mt during Wednesday’s night session.
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On Thursday’s night session, SHFE 1709 tin moved mainly between RMB 146,900-147,400/mt.
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