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[brief comment on tin in SMM period] Multi-air force intertwined tin center of gravity in Shanghai period to maintain stability
Jul 17,2019 17:53CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 news on the 17th: Shanghai tin main 1909 contract last night after the opening of 134500 yuan / ton, the beginning of the market was suppressed by short forces quickly fell to the night low of 133080 yuan / ton after hitting the bottom rose to 134370 yuan / ton, and then until the end of night trading, due to the long departure of Shanghai tin small shock down. After the opening of 133500 yuan / ton in early trading this morning, showing a concussive upward trend, erasing most of the decline in last night's trading, it finally closed at 134160 yuan / ton, down 730yuan / ton, or 0.54 per cent. The trading volume was 15466, a decrease of 13180. The position was reduced by 30494 hands. Today, the long and empty forces are intertwined, the overall center of gravity of Shanghai tin remains stable, and the support below Shanghai tin is expected to be around 132000 yuan / ton.

 

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