Home / Metal News / Nickel / [SMM stainless Steel Review] SS2006 contract 5 consecutive days follow up to pay attention to the upper pressure drop
[SMM stainless Steel Review] SS2006 contract 5 consecutive days follow up to pay attention to the upper pressure drop
Apr 13,2020 18:27CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 13 April:

[SMM stainless Steel Review]

Today, the stainless steel main contract SS2006 opened at 12395 yuan / ton, after the opening, strong upward, piercing the SS2006 line on the track, up 12695 yuan / ton, the center of gravity around 12600 yuan / ton narrow concussion, until the end of the day, long position reduction, the center of gravity moved down to below the daily average, and finally closed at 12510 yuan / ton, up 55 yuan / ton from the previous day's closing price, up 0.44%, trading volume increased by 11352 hands to 26575 hands. Positions were reduced by 202 to 47695.

SS2006 contract closed today in the small balcony of the upper shadow line, on the shadow line to explore the Boll line on the track, K column as a whole standing above the 40-day moving average, 5 consecutive days to close the sun, showing a ladder upward trend. Today, the SS2006 contract fell back after nearly 12700 yuan / ton, the bulls have a high profit reduction profit trend, follow up to pay attention to the stainless steel contract position increase and decrease and the above 12700 yuan / ton gate pressure.

[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)

Shanghai Nickel spot
Nickel Price
trend Forecast
SMM Review
Daily Review
Shanghai Nickel Market Review
Nickel
stainless Steel
Futures

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

Related news