SMM, 29 Oct:
SS2002, the main contract for stainless steel futures, opened at 15030 yuan / ton in early trading this morning. Before noon, the center of gravity of SS fluctuated around the range of 15000 yuan / ton, the amplitude was 40 yuan / ton, and the daily moving average of pressure was above. In the afternoon, the long position increases, the SS concussion goes up, breaks through the daily average line. Near the close, the long position increased, closing at 15065 yuan / ton. Compared with the previous settlement day, it was down 15 yuan / ton, or 0.1%. The daily transaction of 5464 hands, minus 8482 hands, holding 15738 hands, reduced 168 hands, closed in the positive line.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

