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[brief Review of Zinc in SMM] the contribution of long buying Power to Shanghai Zinc Red back to fill the decline
Apr 22,2020 17:31CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 22nd:

Intraday Shanghai zinc main force 2006 contract opened at 15625 yuan / ton, morning Shanghai zinc in 16650 yuan / ton near narrow fluctuations, the operation is more stable, afternoon with buying funds re-enter, Shanghai zinc up the center of gravity directly moved up to 15850 yuan / ton near temporary finishing, the final closing price rose 15860 yuan / ton, up 1.44%, trading volume decreased 29790 hands to 131000 hands, position increased by 494 hands to 89522 hands. Shanghai zinc turned red backfill most of yesterday's decline, the long buying strength appeared again, at the same time, more funds poured into the far month contract, the monthly difference between the contract has narrowed within days, the current basic oriented pattern has not been broken, Shanghai zinc may return to the Wanliu pass as the goal of operation.

 

 

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