SMM4, 28 March:
Intraday Shanghai zinc main force 2006 contract opened at 16045 yuan / ton, intra-day market long and short forces are more balanced, Shanghai zinc slowly rose, in 16100 yuan / ton about narrow range finishing operation, intraday once touched 16160 yuan / ton after a rapid decline, the final price rose 16125 yuan / ton, up 35 yuan / ton, an increase of 0.22%, trading volume decreased 39001 children 84091 hands, position reduced 2458 hands to 85060 hands. Intraday Shanghai zinc upward break through the 60-day moving average suppression, two consecutive days to reduce positions upward, this week funds gradually to the far moon layout, zinc far moon Back structure has been weakened, on the near-term fundamentals, expected zinc is expected to stand firm all averages.
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