[SMM tin brief review] Shanghai tin 2007 contract fell slightly on the last day of trading today. The main tin 2009 contract in Shanghai fell slightly when it left the market.

Published: Jul 15, 2020 17:02

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SMM, July 15:

Today, on the last trading day of the Shanghai tin 2007 contract, the Shanghai tin 2007 contract closed at 141200 yuan per ton, with a settlement price of 141700 yuan per ton, with 982 positions and delivery of 982 tons.

Shanghai tin main 2009 contract opened last night at 142510 yuan / ton, after the opening of a small shock down, and then rebounded and swung under the influence of multi-short game, the end of the long left the market, there is a decline. It opened at 142620 yuan / ton in the morning, rose slightly to 142930 yuan / ton after opening, and then fluctuated downward under the influence of bulls leaving. After a slight rebound in the afternoon, the downside again reached the intraday low of 141700 yuan / ton, and rebounded slightly after hitting the bottom. It closed at 142140 yuan / ton, down 600 yuan / ton, or 0.42%. 35916 hands were traded, 29767 positions were held, and 16 hands were reduced. The lower shadow line is supported by the 5-day moving average line, and the lower support level is expected to be at 141000 yuan / ton.

Daily review

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