SMM, 23 April:
Shanghai tin main force 2006 contract opened 124890 yuan / ton early today, affected by a large number of long positions, Shanghai tin fluctuated sharply, climbing to a daily high of $130140 / ton after falling back, and finally closed at 129050 yuan / ton. Today, Shanghai tin shows the Changyang line, and the physical part is located near the 5-10 and 40-60 moving averages. It is estimated that the resistance above the tin in Shanghai period is near the integer gate of 130000 yuan / ton.
Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn