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[brief comment on SMM tin] Shanghai tin minor shock upward overall high stability
Jun 13,2019 18:03CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6 13-month news: Shanghai tin main 1909 contract last night after the opening of 145280 yuan / ton, the beginning of the day fell to a low of 144820 yuan / ton after bottoming up, and then until the end of night trading, Shanghai tin shock all the way up. After the opening of 145380 yuan / ton in early trading this morning, the rising trend of last night's trading was continued at the beginning of the day. It was blocked after reaching an intraday high of 145750 yuan / ton, fell to 145090 yuan / ton and rose again. Finally, it closed at 145530 yuan / ton, up 210 yuan / ton, up 0.14%. The trading volume was 10404, a decrease of 2418. The position is 41454 hands, reduced by 132 hands. Today, Shanghai tin closed with a small positive line, the lower shadow line by 5, 20 EMA support, Shanghai tin is expected to support 143500 yuan / ton below, the upper resistance of 146000 yuan / ton.

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