SHFE 1709 Tin Ends with Small Decline (2017-7-31)

Published: Jul 31, 2017 19:14

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During last Friday’s night session, SHFE 1709 tin rose to RMB 150,640/mt, but then fell back to RMB 148,800/mt before ending at close to RMB 150,000/mt.

SHANGHAI, Jul. 31 (SMM) – During last Friday’s night session, SHFE 1709 tin rose to RMB 150,640/mt, but then fell back to RMB 148,800/mt before ending at close to RMB 150,000/mt.

On Monday, SHFE 1709 tin opened at RMB 149,960/mt and hovered narrowly around RMB 150,000/mt. Finally, the contract ended down RMB 120/mt or 0.08% at RMB 149,910/mt. Trading volumes decreased 16,064 lots to 20,548 lots, and positions decreased 292 lots to 25,650 lots. SHFE 1709 tin will test resistance at RMB 152,000/mt.

Sn price tin prices SHFE tin prices

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