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[brief Review of Zinc in SMM period] the center of gravity for further upward movement of zinc can still remain optimistic.
Apr 17,2020 16:28CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 17 March:

Intraday Shanghai zinc main force 2006 contract opened at 16075 yuan / ton, at the beginning of the day, Shanghai zinc increased its position and rose again, after touching 16195 yuan / ton, a large number of stop earnings emerged again, Shanghai zinc recorded a V fell back to 16100 yuan / ton or so narrow range finishing, closed up 16130 yuan / ton, up 160 yuan / ton, up 1%, trading volume increased 4069 hands to 102000 hands, position volume decreased to 98608 hands. The center of gravity of Shanghai zinc operation has moved up further, and the driving force of buying funds has slowed down, but it is undeniable that there is still room for fermentation at the end of the mine, and it can still be optimistic about zinc in the future.

 

 

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