[brief Review of tin in SMM] the center of gravity of tin in the night high jump moved up during the day in Shanghai.

Published: Jul 17, 2020 19:02

SMM, July 17:

The Shanghai tin high jump opened at 140620 yuan / ton yesterday. After the opening, under the influence of bulls entering the market, it shook all the way up, hitting the intraday high of 141980 yuan / ton. Then the bulls made a profit to leave the market, a small pullback, and horizontal concussion. It opened at 141530 yuan / ton in the morning, fell slightly after opening and then fluctuated upwards. after hitting a high of 141960 yuan / ton, it shook sideways around 141000 yuan / ton after pullback, closing at 141200 yuan / ton, up 1280 yuan / ton, or 0.91%. 45045 hands were traded, 28635 positions were held, and 1090 hands were reduced. The physical part is located between the 10-day and 20-day moving average, and the upper pressure level is expected to be around 142500 yuan / ton.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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[brief Review of tin in SMM] the center of gravity of tin in the night high jump moved up during the day in Shanghai. - Shanghai Metals Market (SMM)