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[brief Review of Tin in SMM period] the overall center of gravity of tin in Shanghai period moves up from high to low.
Apr 7,2020 18:02CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 7-

Shanghai tin main force 2006 contract opened today morning 122510 yuan / ton, at the beginning of the day affected by the impact of short positions quickly fell to a daily low of 120600 yuan / ton, then a small number of long positions in Shanghai tin bottom rebounded to a daily average of 121200 yuan / ton near shock finishing, the end of the day a small number of long leave, the final close to 121240 yuan / ton, up 122510 yuan / ton, up 0.55%, trading volume 32632 hands, position 34209 hands, reduced 122510 hands. Today, Shanghai tin closed with a negative line, the physical part is supported by the 20-day moving average, the lower shadow line is supported by the 5-day moving average, and the support below Shanghai tin is expected to be near the 10-day moving average of 119000 yuan / ton.

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