SHFE 1709 Tin Ends with Declines (2017-8-18)

SHANGHAI, Aug. 18 (SMM) –During Thursday’s night session, SHFE 1709 tin fell to around RMB 144,400/mt after a low opening.  

On Friday, SHFE 1709 tin opened at RMB 144,360/mt, and fell in the morning, but rallied to RMB 145,000/mt in the afternoon. Finally, the most active contract ended down RMB 370/mt or 0.26% at RMB 144,700/mt. Trading volumes decreased 9,864 lots to 10,484 lots, and positions decreased 810 lots to 16,320 lots. SHFE 1709 tin will trade between RMB 143,000-146,000/mt in the short term.