The high price failed!-Shanghai Metals Market

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The high price failed!

Translation 06:56:04PM Apr 22, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

Current Review (22 April)

HC1910 main contract:

During the day, there was a slight increase or decrease in positions and tail positions to 4306 hands, with a wide range between 3756 and 3690 during the day, with a final closing of 3708. The main organization within the day clearance single 4756 hands.

Demon Jiao J1909 main contract:

During the day, the number of positions increased slightly, and the tail increased to 5772 hands, which fluctuated between 2066 and 2026 and closed at 2033.5. The main organization within the day clearance single 1592 hands.

Coking coal JM1909 main contract:

During the day, there was a small increase in positions and tail positions to 3902 hands, with a narrow range of concussion between 1344.5 and 1330 and a final closing of 1330.5. The main organization within the day clearance single 354hands.

Forecast for tomorrow

1. Spot: callback, but the space is limited.

2. Futures:

RB1910 main contract:

Between 3810 and 3670.

< VI > Rhythm, trend analysis and viewpoint remain unchanged. For details, see Weekly Review (April 20) and "Review and Prospect of Steel Market".

Key Words:  Daily reviews  price forecasts 

The high price failed!

Translation 06:56:04PM Apr 22, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

Current Review (22 April)

HC1910 main contract:

During the day, there was a slight increase or decrease in positions and tail positions to 4306 hands, with a wide range between 3756 and 3690 during the day, with a final closing of 3708. The main organization within the day clearance single 4756 hands.

Demon Jiao J1909 main contract:

During the day, the number of positions increased slightly, and the tail increased to 5772 hands, which fluctuated between 2066 and 2026 and closed at 2033.5. The main organization within the day clearance single 1592 hands.

Coking coal JM1909 main contract:

During the day, there was a small increase in positions and tail positions to 3902 hands, with a narrow range of concussion between 1344.5 and 1330 and a final closing of 1330.5. The main organization within the day clearance single 354hands.

Forecast for tomorrow

1. Spot: callback, but the space is limited.

2. Futures:

RB1910 main contract:

Between 3810 and 3670.

< VI > Rhythm, trend analysis and viewpoint remain unchanged. For details, see Weekly Review (April 20) and "Review and Prospect of Steel Market".

Key Words:  Daily reviews  price forecasts