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[SMM Tin Morning News] overnight, the center of gravity of the high level concussion of Lunxi moves down.

iconApr 2, 2020 09:19
Source:SMM

SMM4 2: trend: Lunxi electronic market yesterday opened at $14535 / ton, as high as $14650 / ton, as low as $14300 / ton, closed at $14420 / ton, down $115 / ton. A total of 365 hands were sold throughout the day, and 17987 hands were held, an increase of 30 hands. Inventory was 6205 tons, 40 tons less than in the previous period.

Lunxi electronic disk yesterday after the opening of $14535 / tonne overall maintained at $14450 / tonne shock finishing. The sub-session overall maintained in the vicinity of the opening price shock finishing. European market at the beginning of the rapid pressure downward, down to a daily low of $14300 / ton, the bottom rebounded to a daily high of $14650 / ton, the end of the day again fell back to $14420 / ton, showing a small negative line, the lower shadow line is supported by the 5-day moving average, it is expected to support below the 10-day moving average to the integer level of $14000 / ton.

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