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[brief review of zinc in SMM period] the upward pressure of zinc in the period may be adjusted downwards at night.
May 20,2020 16:38CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 20:

During the day, the main 2007 contract of Shanghai zinc opened at 16795 yuan / ton, and there was a multi-short game stalemate at the beginning of the session. Zinc was arranged and operated around the daily average line of 16820 yuan / ton, and then the positions were reduced alternately, and zinc recorded a V down of 16725 yuan / ton. The hindered daily average fell slowly again. The final closing price was 16750 yuan / ton, the trading volume decreased by 31813 to 110000 lots, and the position decreased by 2185 lots to 114000 lots. There is no new story about zinc fundamentals, and the weak operation of zinc may be adjusted downwards again in the evening, because of the long shadow and small negative column of zinc, the action is obviously insufficient, there is no new story about zinc fundamentals, and the operation of zinc is weak at night.

 

 

 

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