[brief Review of Tin in SMM] Tin Changyang closed up in Shanghai

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.

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