SMM, Nov. 1 / PRNewswire-Asianet /-
The main stainless steel futures contract SS2002 opened at 14890 yuan / ton in early trading this morning. Before noon, SS was suppressed and then raised, with a bottom of 14855 yuan per ton. In the afternoon, short profits left the market, SS with rising Shanghai nickel, the bottom supported by the daily average, shock higher. Nearing the close, short positions were reduced to 15000 yuan per ton. Compared with the previous settlement day, it fell by 15 yuan / ton, or 0.1%. The whole day traded 8370 hands, an increase of 1758 hands, holding 16230 hands, an increase of 246 hands, closed at the lower Yingyang line. The bottom of SS has been effectively supported by 14850 yuan / ton within a day, and the differences between the two sides have intensified as a result of the competition between the two sides at the Wanwu pass. Pay attention to the bulls' ability to increase their positions at night and whether they can stand on the 5-day moving average.
