[brief comment on SMM Tin] both sides reduce their positions in Shanghai at the same time, and the trend of tin in Shanghai is stable.

Published: Jul 5, 2019 18:07

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SMM7 5-month news: Shanghai tin main 1909 contract last night after the opening of 134120 yuan / ton, until today's close, Shanghai tin overall maintained in the daily average of 133850 yuan / ton horizontal finishing, and finally to 134000 yuan / ton closing, up 420 yuan / ton, up 0.31%. The trading volume was 32098 hands, and the position volume was 40768 hands, a decrease of 2936 hands. Today, Shanghai tin plate long and short both sides have reduced positions, long and empty force game Shanghai tin trend is more stable. The support below tin in Shanghai is expected to be around 132500 yuan / ton.

"after the collapse of Shanghai and tin, the metal rose sharply and plummeted, and after the collapse, we need to study the fundamentals calmly.

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A brief review of tin

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