[brief comment on Tin in SMM] A large increase in short positions and a decline in Tin Changyin in Shanghai

Published: Jul 1, 2019 17:16

Save

SMM, July 1 / PRNewswire-Asianet /-

Shanghai tin main 1909 contract last Friday night after the opening of 143080 yuan / ton, all the way down, the lowest down to 141850 yuan / ton after the return. After the opening of 142290 yuan / ton in early trading this morning, the overall trend of low consolidation was maintained, and finally closed at 142300 yuan / ton, down 810 yuan / ton, or 0.57 per cent. The trading volume was 18526 hands, and the position volume was 45748 hands, an increase of 1948 hands. Today, due to a large number of short positions led to Shanghai tin pressure down, to close to the Changyin line, the upper shadow line pressure on the 5th moving average, Shanghai tin is expected to support around 141500 yuan / ton.

"Click to view SMM historical price data

"Click to sign up for SMM Tin Industry chain Summit

A brief review of tin

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49