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[brief Review of Zinc in SMM] bullish buying Power pays close attention to Wanliu pass
Apr 16,2020 18:04CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 16 March:

Within the day, the Shanghai zinc main force 2006 contract opened at 15835 yuan / ton, and the bulls continued to buy at the beginning of the day. The Shanghai zinc shock went up and down 16030 yuan / ton through the Wanliu pass, but the high level was once again suppressed by the short. The operating center of gravity fell back to 15950 yuan / ton near the narrow fluctuation, the upper and lower amplitude was only about 50 yuan / ton. At the end of the day, it rose to 15970 yuan / ton, or 1.04%. Trading volume increased by 4086 hands to 97514 hands, and positions increased by 5889 hands to 98810 hands. Shanghai zinc turned red, the long buying force continued to be strong, the supply side story continues to ferment, short-term zinc can still remain optimistic, pay attention to whether to stand on the ten thousand six hurdles.

 

 

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