[brief Review of SMM Tin] Shanghai Xiduo strong increase in positions back above 150000 yuan / ton

SMM2 5: Friday night Shanghai tin 1805 contract trend first suppressed and then rose, once down to 147430 yuan / ton, later concussion recovered the lost ground; Today, opening at 148420 yuan per tonne, after a slight shock at the beginning of the session, boosted by bulls' concentrated positions, Shanghai tin rose strongly all the way and again stood above 150000 yuan per tonne, hitting a maximum of 150350 yuan per tonne towards the end of the afternoon. The final closing price was 150110 yuan per ton, up 1050 yuan per ton, or 0.7 per cent, from the previous day's settlement price. Transactions increased by 8242 hands in 20534 hands, and positions increased by 1298 hands in 25616 hands. Today, Shanghai tin trend is strong, short-term is expected to maintain a strong trend, the upper resistance of 152000 yuan / ton.