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[brief Review of SMM stainless Steel Futures] stainless Steel low Open High Walk short term will continue to follow Nickel
Oct 10,2019 16:48CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 10 October:

Ss2002, the main contract for stainless steel futures, opened at 15650 yuan / ton in early trading this morning. Before noon, the top is blocked by 15700 yuan / ton, the bottom depends on the daily average, and the center of gravity fluctuates in a narrow range around 15680 yuan / ton. In the afternoon, under the guidance of Lunni and Shanghai nickel, the center of gravity of ss accelerated upward. After touching 15775 yuan / ton, it fell slightly. Near the close, the bears left the market one after another, closing up at 15765 yuan / ton, up 100 yuan / ton from the previous settlement day, up 0.64%, closing in the positive line. Daily transactions of 11566 hands, position 15286 hands, an increase of 786 hands compared with yesterday, ss index daily capital inflow of 5.56 million yuan. The main contract of ss2002 has been running on the strong side for three consecutive days, and broke through the pressure level of the first two days, forming a new support level of 15680 yuan / ton. If the post-market nickel strong operation, ss will continue to follow.

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