SMM, 9 April:
Shanghai tin main force 2006 contract today morning 123550 yuan / ton high opening, the beginning of the market by short pressure quickly fell to a day low of 121430 yuan / ton. Subsequently, the long warehouse Shanghai tin bottom rebounded and all the way up, and finally closed at 122700 yuan / ton, up 600 yuan / ton, up 0.49%, trading volume 27975 hands, position 35376 hands, an increase of 596 hands. Today, Shanghai tin closed with a small negative line, the lower shadow line by the 5-day moving average support, Shanghai tin support is expected to be around the integer level of 120000 yuan / ton.
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