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[brief comment on tin in SMM period] the tin center of gravity in Shanghai period moved down obviously.
Apr 22,2020 16:54CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 22 April:

Shanghai tin main force 2006 contract opened today 124840 yuan / ton, at the beginning of the day affected by the impact of short positions quickly fell to a daily low of 122200 yuan / ton. Subsequently, the long and short forces all reduced their positions, and the tin center of gravity in Shanghai rose slightly, maintaining a horizontal arrangement of 123400 yuan / ton above the daily average. finally, it closed at 123250 yuan / ton, down 2280 yuan / ton, down 1.82%, trading volume 31711 hands, position 32628 hands, an increase of 268 hands. Today, Shanghai tin closed with a negative line, and the lower shadow line is located near the 20-day moving average. Shanghai tin under the test of the early horizontal plate interval on the track 122000 yuan / ton near the support level.

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