SMM, April 27th:
Lunni opened at 12170 US dollars / ton on Friday. The 5-day moving average was slightly lower. After the opening of the Asian market, Lunni moved upwards with Shanghai Nickel, breaking the 5 / 60 daily moving average of 12315 US dollars / ton. Then Lun Nickel concussion fell, giving up all previous gains to detect a low daytime low of 12045 US dollars / ton, which was supported and rebounded to the first line of 12150 US dollars / tonne, then fluctuated in a wide range of 12100-12200 US dollars / ton, rising 12250 US dollars / ton at the end of the day and finally closing at 12250 US dollars / tonne, up 65 US dollars / ton, or 0.53%, from the previous day's settlement price, and the trading volume decreased by 1302 to 3144 hands. Position reduction of 107hands to 221000 hands, Lunni closed at Xiaoyangzhu on Friday, K-pillar stood within the range of 5 / 60 daily moving average, shadow line probed into the 10-day moving average, Lunni opened at 12260 US dollars / ton today, standing on the 60-day moving average, and follow up on the support of the 60-day moving average.
For more information, please subscribe to SMM Nickel Research Group products "China Ni-Cr stainless Steel Industry chain routine report" and "China Ni-Cr stainless Steel Industry chain High-end report" to get the latest data analysis and market analysis of nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochrome and stainless steel (China + Indonesia). For order and trial, please call 021-5166 6775 QQ: 1553928752, contact: Zhang Lingying]
(Shanghai Colored Network Zhang Lingying TEL:021-5166 6775 QQ: 1553928752)
Click to register: "2020 (Fifth) China International Nickel, Cobalt and Lithium Summit Forum"
To sign up for the Nickel-Cobalt-Lithium Summit or apply to join the SMM New Energy vehicle / Cobalt-Lithium Industry Exchange Group, please scan the QR code below: