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[brief comment on Zinc in SMM period] the inventory in the three places recorded a small decline at night or a 20-day EMA operation within a day.
Jun 28,2019 17:16CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6 News of the 28th of July:

The main 1908 contract of Shanghai zinc was opened at 19925 yuan / ton at the beginning of the day. At the beginning of the day, the main contract of Shanghai zinc was opened at the beginning of the day. At the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. At the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. At the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19925 yuan / ton. Compared with the previous transaction, it fell 150 yuan / ton, or 0.80%, trading volume decreased by 27652 hands to 421000 hands, and position volume decreased by 6358 hands to 259000 hands. Shanghai zinc recorded two negative days, attached to the shadow line to stab the 20-day EMA suppression, mainly due to the macro mood is more uncertain, bulls afraid to leave early, Shanghai, Guangdong and Tianjin stocks recorded a small decline in the day, however, the market still has expectations for follow-up inventory accumulation, zinc price action can still be considered, night or pressure 20-day EMA operation.

 

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