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[SMM Tin Morning News] overnight, the center of gravity of the high level oscillation of Lunxi moves up.
Apr 15,2020 09:23CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 15 March:

Trend: Lunxi electronic market yesterday opened at $15145 / tonne, as high as $15650 / tonne, as low as $15145 / tonne, closing at $15460 / tonne, up $510 / tonne. 418 hands were traded throughout the day, and 17706 hands were held, an increase of 107 hands. Inventory was 7095 tons, 150 tons less than in the previous period. Lunxi electronic plate yesterday after the opening of $15145 / ton, the Asian plate was initially affected by the sharp rise in domestic Shanghai tin quickly rushed up to $15650 / ton after the pressure fell back, and continued this trend to the European session. Then Lunxi rose again, finally closing at $15460 / ton, showing a positive line, the physical part is near the 40-day moving average, and the resistance above Lunxi is expected to be near the 60-day moving average of $15800 / ton.

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