SMM7 26 June news:

Shanghai tin main 1909 contract last night after the opening of 134780 yuan / ton, overall showed a trend of promotion and then suppression, the initial shock rose to 135240 yuan / ton and then blocked down, all the way down to the intraday low of 134330 yuan / ton. Draw back quickly at the end of the day. After the opening of 134550 yuan / ton in early trading this morning, the overall upward trend showed a slight shock, falling back after hitting an intra-day high of 135650 yuan / ton, and finally closing at 135300 yuan / ton, up 134550 yuan / ton, an increase of 0.37 per cent. The trading volume was 17600, a decrease of 12724. The number of positions was reduced by 27234 hands. Today, Shanghai tin closed with a small positive line, the physical part is located near the 20-day moving average, the lower shadow line is near the 5-10-day moving average, the resistance above the short-term Shanghai tin is expected to be around 136000 yuan / ton, and the lower support is around 134000 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