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[SMM Tin Morning News] overnight Lunxi rushes high and falls back to the center of gravity to maintain stability.
Apr 29,2020 09:15CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, 29th:

Trend: Lunxi electronic market yesterday opened at $15360 / tonne, as high as $15500 / tonne, as low as $15300 / tonne, closed at $15360 / tonne, down $50 / tonne. 175 hands were sold throughout the day, and 17352 hands were held, an increase of 137 hands. Inventory was 5830 tons, 135 tons less than in the previous period. Lunxi electronic plate yesterday morning after the opening of $15360 / ton, the Asian session to the opening of the European market after the overall concussion upward trend, once rose to a day high of $15500 / ton. Then Lunxi quickly fell and returned to near the opening price, and finally closed at $15360 / tonne, a cross-star line, with the physical part between the 40-60 day moving average and the expected support below the 5-10 and 40-day moving average of $15000 / tonne.

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