Home / Metal News / [brief Review of Zinc in SMM period] arrangement of Zinc fall in Shanghai in the far Moon

[brief Review of Zinc in SMM period] arrangement of Zinc fall in Shanghai in the far Moon

iconOct 29, 2019 17:12
Source:SMM

SMM10, 29th:

 

Intra-day Shanghai zinc main force 1912 contract opened at 19175 yuan / ton, early in the day Shanghai zinc in 19130 yuan / ton line slightly collated, Xu Li rose to 19170 yuan / ton above the daily average line, but many left Shanghai zinc failed to stick to, all the way down to the lower 19060 yuan / ton around, and then rose to 19100 yuan / ton first-line finishing operation, the operating range does not exceed 20 yuan / ton, closed up 19110 yuan / ton, up 145 yuan / ton, up 0.76%. Trading volume decreased by 194000 hands to 298000 hands, position increased by 542 hands to 198000 hands. Within days, Shanghai zinc closed yin, attached to the long shadow line stabbed Brin Road on the track, the layout of funds in the day far month, the main contract left the field resulting in Shanghai zinc downward, showing that spot water failed to support zinc prices, the bulls did not have sufficient confidence, pay attention to Brin Road on the track at night to suppress the strength.

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