[brief Review of Zinc in SMM period] Zinc reduction in Shanghai for delivery within days

SMM4, 15 March:

Intraday Shanghai zinc main force 2006 contract opened at 15880 yuan / ton, early in the day Shanghai zinc is still to increase positions uplink, shock uplink 16000 yuan / ton, then should issue a large number of stop earnings position, shanghai zinc quickly fell to a reverse V reversal, back to the day all the decline, closed down 15805 yuan / ton, down 95 yuan / ton, 0.6%, trading volume reduced by 12165 hands to 93428 hands, position reduced by 912 hands to 92921 hands. at the end of the day, it closed down 15805 yuan / ton, down 95 yuan / ton, down 0.6%, trading volume decreased by 12165 hands to 93428 hands, position reduced by 912 hands to 92921 hands. Shanghai zinc turned green, by this trial Wanliu pass ended in failure, the lower short moving average adhesion support is still expected to be effective, it is expected that zinc may temporarily adjust to try again. Intraday Shanghai zinc 2004 contract opened at 15860 yuan / ton, intraday Shanghai zinc Chong high recorded a V reversal, closed down 15780 yuan / ton, down 2004 yuan / ton, down 0.66%, trading volume decreased by 735 hands to 1640 hands, position reduced by 115 hands to 6990 hands. The settlement price is 15855 yuan per ton and the delivery volume is 34950 tons.

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