Shanghai Zinc Rallies 2.26% on Domestic Policy Boost, Erasing Prior Day's Decline

게시됨: Sep 24, 2024 17:36
【Domestic Policy Boosts Shanghai Zinc, Recouping Previous Day's Loss】: The main Shanghai Zinc contract 2411 opened at 23,630 yuan/ton. Initially, the market was mixed with both bullish and bearish sentiments, causing Shanghai Zinc to fluctuate around the daily average line. Subsequently, uplifting domestic news emerged, prompting an increase in long positions, and Shanghai Zinc trended upwards with fluctuations. By the end of the session, it peaked at 24,035 yuan/ton and closed at 24,010 yuan/ton, up 530 yuan/ton or 2.26%. Trading volume surged to 1.81 million contracts, while open interest increased by 6,805 contracts to 108,000 contracts. Shanghai Zinc recorded a strong bullish candlestick...

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【Domestic Policy Boosts Shanghai Zinc, Recouping Previous Day's Loss】: - Shanghai Metals Market (SMM)