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[brief comment on Tin in the SMM period] Tin jumped high and opened slightly in Shanghai.
Jun 21,2019 17:21CST
The content below was translated by Tencent automatically for reference.

SMM6 21 month news: Shanghai tin main 1909 contract last night after the opening of 144500 yuan / ton, the initial shock rushed to 144740 yuan / ton after the block quickly fell back to 144170 yuan / ton. Subsequently, Shanghai tin slightly concussion upward, once again returned to the opening price near. After opening 144430 yuan / ton in early trading this morning, it hit bottom and rose to 144650 yuan / ton after stepping back on 144150 yuan / ton at the beginning of the day. Subsequently, until the close of Shanghai tin showed a concussion downward trend, and finally closed at 144300 yuan / ton, up 200 yuan / ton, an increase of 0.14 per cent. The trading volume was 10692, an increase of 1934. The position is 41532 hands, reduced by 48 hands. Today, Shanghai tin jump high open after the overall shock finishing situation and accompanied by a small decline, to close to the Xiao Yin line, the physical part is located near the 20-day moving average, the lower shadow line is supported by the 5-day moving average, and the upper shadow line runs to the 10-day moving average. It is estimated that the lower support of Shanghai tin is located near the previous platform of 143500 yuan / ton, and the upper resistance is located at the integer gate of 145000 yuan / ton.

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