SMM4, March 3:
Trend: Lunxi electronic market yesterday opened at $14390 / tonne, as high as $14550 / tonne, as low as $14140 / tonne, closed at $14355 / tonne, down $65 / tonne. 196 hands were closed throughout the day, and 17773 hands were held, down by 214 hands. Inventory was 6100 tons, down 105 tons from the previous period. Lunxi electronic plate yesterday after the opening of $14390 / tonne, the Asian market at the beginning of the rapid decline to a day low of $14140 / tonne after hitting the bottom. After the opening of the European market, Lunxi fluctuated all the way up to a daily high of $14550 / ton before falling back under pressure, and finally closed at $14355 / ton, showing a cross star line near the 5-day moving average. The support below Lunxi is expected to be near the integer level of $14000 / tonne.