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[a brief Review of Tin in SMM period] maintaining the Stability of the High position of Tin Center of gravity in Shanghai period

iconApr 15, 2020 18:51
Source:SMM

SMM, 15 April:

Shanghai tin main 2006 contract this morning after the opening of 126200 yuan / ton, early by short positions affected by the impact of the intraday high of 127590 yuan / ton. Subsequently, Shanghai tin was blocked under pressure, and finally closed at 126920 yuan / ton, up 550 yuan / ton, up 0.44%, trading volume 31476 hands, position 34154 hands, down 1139 hands. Today, Shanghai tin closed at a small positive line, the physical part is located near the 40-day moving average, the bottom is supported by the 5-day moving average, and the resistance above Shanghai tin is expected to be near the 60-day moving average of 130000 yuan / ton.

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