SMM, May 19:
[SMM stainless Steel Review]
SS2007 contract night trading opened at 13465 yuan / ton, after the opening center of gravity around the daily moving average slightly fluctuated, and then strengthened to 13545 yuan / ton first line, and finally closed at 13510 yuan / ton.
Stainless steel SS2007 contract opened at 13530 yuan / ton. At the beginning of the day, it fluctuated slightly around 13500 yuan / ton, and rose 13600 yuan / ton at 10:00. Subsequently, the SS2007 contract reversed a sharp decline, falling below 13500 yuan / ton, down 13400 yuan / ton line, below the 10-day moving average was supported, slightly revised, and finally closed at 13455 yuan / ton, up 60 yuan / ton, or 0.45%, compared with the previous trading day, the daily trading volume decreased by 391 to 25491, and the position decreased by 1042 to 53618. Throughout the day, the SS2007 contract closed at the Yin Cross, the lower shadow line pierced the 5-day moving average, close to the 10-day moving average, and the overall center of gravity was 13500 yuan / ton, paying attention to the support of tomorrow's 5-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 tel 5166 6817 QQ: 2880 505562, contact: Li Chuntian]
（上海有 色 网 李春田 TEL：021-5166 6817 QQ ：2880505562）