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[brief comment on tin in SMM period] the center of tin gravity in Shanghai period moved down slightly.
Apr 2,2020 17:57CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 2-

Shanghai tin main force 2006 contract opened 121000 yuan / ton early today, at the beginning of the day affected by the impact of short positions quickly fell to a daily low of 118500 yuan / ton after short reduction, Shanghai tin rose to a daily high of 122210 yuan / ton. In late trading, the bulls left Shanghai tin fell again, and finally closed at 119970 yuan / ton, down 1320 yuan / ton, down 1.09%, trading volume 59205 hands, position 35863 hands, down 2257 hands. Shanghai tin closed today with a small negative line, the physical part of the bottom by the 5-day moving average support, Shanghai tin support is expected to be around 118000 yuan / ton.

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