SMM, 10 April:
[SMM stainless Steel Review]
Today, the stainless steel main contract SS2006 opened at 12405 yuan / ton, opening jump less than 12300 yuan / ton, followed by shock back to 12400 yuan / ton line, to 40 days moving average pressure fell back to 12330 yuan / ton. In the afternoon, the long position increased, the SS2006 contract pulled up, rose 12470 yuan / ton, finally closed at 12455 yuan / ton, compared with the previous trading day closing price rose 160 yuan / ton, up 1.3%, trading volume increased 2181 hands to 15223 hands, position increased 471 hands to 47897 hands.
SS2006 contract closed in the small pillar today, closed 4 consecutive days this week, away from the lower 5-day moving average, K-column has explored the 40-day moving average position, follow-up attention to the stainless steel contract can continue to strengthen the situation, stand firm 40-day moving average 12400 yuan / ton level.
[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ: 2880505562, contact: Li Chuntian]
（上海有 色 网 李春田 TEL：021-5166 6817 QQ ：2880505562）
