[brief comment on Tin in SMM] the pattern of Xichong high pullback and consolidation in Shanghai has not changed.

Published: Jul 18, 2019 17:24 (GMT+8)

SMM7 18 / 18 / PRNewswire-FirstCall-Asianet /-

Shanghai tin main 1909 contract last night after the opening of 134190 yuan / ton, the overall maintenance in the opening price near the shock finishing. After the opening of 134090 yuan / ton in early trading this morning, it rose to an intraday high of 136550 yuan / ton between early trading and midday trading. In the afternoon, tin pressure fell back in Shanghai, and finally closed at 134700 yuan per ton, up 540 yuan per ton, or 0.4 per cent. The trading volume was 23484, an increase of 8018. The number of positions was 29170, a reduction of 1324. Today, Shanghai tin overall high fall, interval concussion pattern has not changed, to close with the small positive line, the upper shadow line is longer, the lower part of the entity is supported by the 5-day EMA, and the upper part is under pressure on the 10-day EMA. It is estimated that the lower support of tin in Shanghai will be around 132000 yuan / ton, and the upper resistance will be around 137500 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.

"Click to view SMM historical price data

 

"Click to sign up for SMM Tin Industry chain Summit

 

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 for 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
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
9 hours ago
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
Read More
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】
Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.
9 hours ago
Institutions: iPhone 18 Pro series first-week sales in China up 12% YoY
Sep 30, 2026 18:09 (GMT+8)
Institutions: iPhone 18 Pro series first-week sales in China up 12% YoY
Read More
Institutions: iPhone 18 Pro series first-week sales in China up 12% YoY
Institutions: iPhone 18 Pro series first-week sales in China up 12% YoY
According to Counterpoint Research's China Smartphone Weekly Sales Tracker, China's weekly smartphone sales have maintained a double-digit YoY decline since July. Affected by rising storage costs, consumer demand remains weak, but with the arrival of the September new product launch cycle, the market is expected to see a MoM recovery. Sales of the iPhone 18 Pro series in its first three days of availability (accounting for only three days of Week 38) were up 12% YoY compared with the first-week sales of the iPhone 17 Pro series. Driven by this strong start, Apple topped the weekly sales chart in Week 38, capturing a 33% share of China's smartphone market.
Sep 30, 2026 18:09 (GMT+8)
AI Server Growth Demand Supports Q4 Memory Contract Price Uptrend; Consumer-Side Pressure Persists
Sep 30, 2026 18:08 (GMT+8)
AI Server Growth Demand Supports Q4 Memory Contract Price Uptrend; Consumer-Side Pressure Persists
Read More
AI Server Growth Demand Supports Q4 Memory Contract Price Uptrend; Consumer-Side Pressure Persists
AI Server Growth Demand Supports Q4 Memory Contract Price Uptrend; Consumer-Side Pressure Persists
According to TrendForce's latest memory industry research, in Q4 2026, DRAM manufacturers will continue to allocate advanced process capacity to high-performance products for server applications, maintaining an overall undersupply situation. However, the contract price uptrend is slowing down, with Conventional DRAM expected to increase by 10%–15% QoQ. The NAND Flash market is showing a dual-track development of AI acceleration and low consumer demand that nonetheless drives price increases, with overall contract prices expected to rise by 15%–20% QoQ.
Sep 30, 2026 18:08 (GMT+8)