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[brief comment on Zinc in the SMM period] within a day, zinc in Shanghai runs at night or around the 40-day moving average.
Jul 18,2019 16:41CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 18 / 18 / PRNewswire-FirstCall-Asianet /-

The main 1909 contract of Shanghai zinc was opened at 19430 yuan / ton at the beginning of the day. At the beginning of the day, the main contract of Shanghai zinc was opened at 19430 yuan / ton. At the beginning of the day, the short position was reduced to vibration, and the middle track of Shanghai Zinc Upstream was detected. However, the main contract of Shanghai zinc was opened at 19430 yuan / ton. At the beginning of the day, the main contract of Shanghai zinc was opened at 19430 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19430 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19430 yuan / ton. at the beginning of the day, the main contract of Shanghai zinc was opened at 19430 yuan / ton. Compared with the previous transaction, it rose 175yuan / ton, or 0.90%, trading volume increased 49250 hands to 482000 hands, and position volume decreased 3462 hands to 266000 hands. Within a day, Shanghai zinc received a small Yang column, the overall operation in the 20th and 40th EMA channel, attached to the shadow line under the 20-day EMA support strength, the domestic supply volume is expected to increase, 08 and 09 contract monthly difference narrowed to near the flat water, near strong far weak pattern gradually collapsed, night multi-empty saw, Shanghai zinc or around the 40-day moving average finishing operation.

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