Home / Metal News / [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.

[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.

iconJul 15, 2020 17:02
Source:SMM

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.

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