Home / Metal News / [brief Review of Zinc in SMM period] reducing warehousing is the main force of zinc in Shanghai for the month.

[brief Review of Zinc in SMM period] reducing warehousing is the main force of zinc in Shanghai for the month.

iconApr 30, 2020 17:19
Source:SMM

SMM4, 30th:

Within days, Shanghai zinc completed the main force month, Shanghai zinc main force 2006 contract opened at 16430 yuan / ton, intraday long-short alternately reduce positions, Shanghai zinc around the daily average line around 16370 yuan / ton near a narrow range, the amplitude narrowed in the afternoon. At the end of the day, it closed up at 16400 yuan / ton, up 35 yuan / ton, or 0.21%. The trading volume was reduced by 32745 hands to 67414 hands, and the position was reduced by 5873 hands to 80031 hands.

Intraday Shanghai zinc main force 2007 contract opened at 16355 yuan / ton, intraday long-short game stalemate, Shanghai zinc around the daily average line fluctuated around 16300 yuan / ton, early trading alternately increased positions, Shanghai zinc fluctuations of about 50 yuan / ton, afternoon amplitude narrowed showed a narrow consolidation trend, the final closing price of 16320 yuan / ton, up 15 yuan / ton, an increase of 0.09%, trading volume increased by 516 to 50676 hands, position increased by 2102 to 84851 hands. Shanghai zinc received a long shadow small negative column, during the May Day holiday outer disk independent operation, greater uncertainty, capital operation careful light warehouse holiday, Shanghai zinc index reduced 3456 hands within the day.

 

 

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