SHFE Tin Ended Down RMB 2,910/mt (Jul. 6, 2015)

SHANGHAI, Jul. 6 (SMM) – On Monday, SHFE 1509 tin contract opened at RMB 107,800/mt. Chinese stock market collapsed after opening higher, souring market sentiment. SHFE 1509 tin hit an intraday low of RMB 106,510/mt before ending down RMB 2,910/mt or 2.65% at RMB 107,090/mt. Trading volumes were down 246 lots to 2,102 lots, and positions were down 16 lots to 2,884 lots. SHFE 1509 tin contract is expected range RMB 106,000-110,000/mt tonight.