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SHFE 1709 Tin Falls back after Hitting High (2017-8-10)
Aug 10, 2017 17:56Source:SMM
On Thursday, SHFE 1709 tin broke through RMB 147,400/mt, but then fell back to around RMB 146,700/mt.
SHANGHAI, Aug. 10 (SMM) – On Thursday, SHFE 1709 tin broke through RMB 147,400/mt, but then fell back to around RMB 146,700/mt. Finally, the most active contract ended at RMB 147,400/mt. Trading volumes decreased 6,326 lots to 17,184 lots, and positions decreased 870 lots to 20,278 lots. SHFE 1709 tin will test support at RMB 146,000/mt and move mainly between RMB 146,000-148,000/mt tonight.
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