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[SMM stainless Steel Prospect Review] the SS2009 contract shows a strong upward trend and pays attention to the pressure in the later stage of operation along the Boll line.
Jul 7,2020 18:12CST
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Source:SMM
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SMM July 7, [SMM stainless Steel Review] SS2009 contract night opened at 13350 yuan / ton, the night trend is stable, the overall center of gravity around 13400 yuan / ton line small shock, and finally closed at 13385 yuan / ton. During the day, it opened at 13390 yuan / ton. at the beginning of the session, after a short narrow shock, at about 10:00, the stainless steel contract uplink broke through 13500 yuan / ton, rising 13530 yuan / ton, and then the shock fell back and gradually adjusted back to the daily average line of 13400 yuan / ton. Finally, it closed at 13415 yuan / ton, an increase of 95 yuan / ton, or 0.68%, over the settlement price of the previous day. The daily trading volume was 21422 lots, and the position increased by 1996 lots to 36272 lots. Throughout the day, the SS2009 contract closed at Xiaoyangzhu, showing a strong trend as a whole, far away from the lower moving averages, the stainless steel contract as a whole runs along the track on the SS2009 line, and the follow-up attention is paid to the resistance of 13500 yuan / ton above the Boll contract.

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