Home / Metal News / Zinc / [brief comment on Zinc in SMM period] Shanghai Zinc interval concussion Operation within days of Capital transfer for a long month
[brief comment on Zinc in SMM period] Shanghai Zinc interval concussion Operation within days of Capital transfer for a long month
Jul 25,2019 16:49CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, April 24th, news:

The main 1909 contract of Shanghai zinc opened at 19275 yuan / ton at the beginning of the day, opened high and low at the beginning of trading, and then maintained the center of gravity of operation around 19270 yuan / ton, running range not exceeding 30 yuan / ton, closing down 19270 yuan / ton, 10 yuan / ton lower than the previous transaction, down 0.05%, trading volume decreased 78352 hands to 268000 hands, and position increased 6288 hands to 266000 hands. the main contract for Shanghai zinc was opened at 19275 yuan / ton, at the beginning of the day, Shanghai zinc opened high and low at the beginning of the day, and reached 19245 yuan / ton at the beginning of trading, and then maintained the operating center of gravity around 19270 yuan / ton, with an operating range of no more than 30 yuan / ton. During the day, Shanghai zinc pressure Brin Road middle rail operation, long-short game under Shanghai zinc as a whole has no obvious upward or downward trend, the trend is relatively stable, within the day capital move position far month, 10, 11 contracts cumulative increase of about 20,000 hands, far month increase positions are mainly short, indicating that the market bearish mood or strong, pay attention to Brindao middle rail suppression at night.

A brief review of zinc
a daily review

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn