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[brief comment on Zinc in SMM period] within days, Shanghai zinc runs weakly at night or near the lower rail of Brin Road.
Jul 9,2019 17:31CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, September 9, news:

The main 1909 contract of Shanghai zinc opened at 19140 yuan / ton at the beginning of the day. At the beginning of the day, Shanghai zinc worked around the daily average. Then the short came into the market to suppress the zinc price. Shanghai zinc quickly lowered 19020 yuan / ton and then returned to detect the daily average. However, many attempts failed to make the trip, falling again to around 19030 yuan / ton, and finally closed down to 19005 yuan / ton, down 2445 yuan / ton, down 1.27%, and the trading volume increased by 4880 hands to 236000 hands. Position increased by 4106 to 251000. During the day, Shanghai zinc closed again, the overall pressure of the EMA operation, Shanghai zinc fundamentals temporarily no bright spot, spot rising water decline reflects consumption fatigue, night Shanghai zinc or run near the lower rail of Brin Road.

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