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[brief Review of Tin in SMM] long and short Power reduced its position in Shanghai Xichong High fell back to Changyang closing up
Apr 27,2020 17:08CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 27 April:

Shanghai tin main force 2006 contract this morning after the opening of 129110 yuan / ton, affected by the flight of a large number of short funds in the morning, Shanghai tin quickly rushed to a daily high of 134780 yuan / ton. In the afternoon, the bulls took advantage of the highs, and the center of gravity of the tin market in Shanghai fell back under pressure, and finally closed at 132710 yuan / ton, up 3840 yuan / ton, up 2.98%, 48470 hands in trading volume, 23936 hands in positions, and 10613 hands less. Today, Shanghai tin closed at the Changyang line, with the physical part above all EMA, with a longer impact. Shanghai tin above the resistance test in the early jump gap of 134000 yuan / ton.

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