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[brief Review of Zinc in SMM period] optimism drives Zinc concussion higher in the period.
Jul 6,2020 16:53CST
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Source:SMM
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SMM7 March 6: the main daily Shanghai zinc contract opened at 16670 yuan / ton, intraday market optimism continued to ferment, more into the air, zinc shock rose to fill all the losses in the night market, while refreshing the high value to 16820 yuan / ton, the final close rose to 16820 yuan / ton, up 100 yuan / ton, or 0.6%, the trading volume increased by 35328 to 147000, and the position decreased to 86134. The long shadow of the zinc close is a small positive pillar, continuing the high shock trend, with the release of global money, a substantial increase in market liquidity, inflation expectations highlight the nature of commodity finance, and the loose fundamentals of medium-and long-term zinc supply are weakened. it is expected that zinc in the evening may continue to fluctuate in the range. no, no.

 

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