Home / Metal News / Tin / [SMM Tin Morning News] overnight Lunxi raises first and then suppresses the center of gravity to maintain overall stability.
[SMM Tin Morning News] overnight Lunxi raises first and then suppresses the center of gravity to maintain overall stability.
Apr 3,2020 09:10CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

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.

Transaction in Shanghai Stock Exchange
Price Forecast
Morning News

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn