SMM, 14 April:

After the Shanghai tin main force 2006 contract opened 128000 yuan / ton early today, it quickly rushed up to a daily high of 128880 yuan / ton at the beginning of the day, and then gradually reduced its position. Shanghai tin bearing pressure fell back, and finally closed at 126370 yuan / ton, down 620 yuan / ton, down 0.49%, trading volume 41967 hands, position volume 35293 hands, an increase of 92 hands. Today, Shanghai tin closed in a negative line, the physical part is located near the 40-day moving average, the support below Shanghai tin is expected to be near the 5-day moving average of 124700 yuan / ton.

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