SHFE 1709 Tin Swings Wildly (2017-7-18)

SHANGHAI, Jul. 18 (SMM) – On Monday’s night session, SHFE 1709 tin rose to near RMB 145,850/mt after opening at RMB 145,440/mt, but then fell back to end at RMB 145,040/mt.  

On Tuesday, SHFE 1709 tin dived to RMB 144,500/mt, but then rallied to RMB 145,500/mt. The most active contract fell again to RMB 144,600/mt in the afternoon before ending at RMB 145,600/mt. Trading volumes fell 3,924 lots to 12,746 lots, and positions fell 152 lots to 20,420 lots.