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

[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.

Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business

A brief comment on Xi
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All