[brief Review of Zinc in SMM period] Zinc uplink pressure or weak finishing at night during the period

Published: May 19, 2020 16:22

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SMM5 March 19:

During the day, the main 2007 contract of Shanghai zinc opened at 16935 yuan / ton, and at the beginning of the session, zinc broke through again, but when it reached a high of 16960 yuan / ton, it fell down by throwing pressure, fluctuated down to around 16770 yuan / ton, some short sellers stopped and left the market, Shanghai zinc made a slight repair up, and then a large number of people left the market. Shanghai zinc picked up the downward trend and fell 16710 yuan / ton, closing up 16750 yuan / ton, up 155yuan / ton, or 0.93%. Trading volume increased by 14631 to 142000 hands. The position increased by 824 hands to 116000 hands. Zinc received a long shadow Xiaoyang column, the upward pressure is obvious, the current zinc contradiction has not been further intensified, zinc may be weak finishing operation in the evening.

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