SMM, 17 April:

After the Shanghai tin main force 2006 contract opened 127000 yuan / ton early today, at the beginning of the day, affected by the long increase in positions, the center of gravity quickly rose to a daily high of 128870 yuan / ton. After that, the center of gravity moved slightly down, and then until the close of Shanghai tin remained in the vicinity of the daily average line of 128000 yuan / ton shock finishing, finally closed at 128140 yuan / ton, up 1960 yuan / ton, up 1.55%, trading volume 34104 hands, position 34750 hands, an increase of 349 hands. Today, Shanghai tin closed at a positive line, and the physical part was supported by the 5-day moving average. Resistance above Shanghai tin is expected to be near the integer level of 130000 yuan / ton.

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