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[SMM stainless Steel Futures Review] the SS2009 contract continues to show a strong uplink mode and follow up to pay attention to the pressure of 13600 yuan / ton above.
Jul 8,2020 19:19CST
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Source:SMM
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SMM July 8, [SMM stainless steel futures review] SS2009 contract opened at 13450 yuan / ton, after opening, the overall center of gravity around the daily moving average slightly fluctuated, at about 23:00, the bulls led the increase, stainless steel contract rushed to 13680 yuan / ton, and then the shock fell back to the opening price, and finally closed at 13480 yuan / ton. Today, opening at 13480 yuan / ton, it weakened slightly after the opening, with the lower 13400 yuan / ton mark supported, and then rebounded slightly to 13500 yuan / ton first line. Finally, it closed at 13520 yuan / ton, an increase of 110yuan / ton, or 0.78%, over the settlement price of the previous day. The daily trading volume was 26126 lots, and the position increased by 3101 lots to 39373 lots. Throughout the day, the SS2009 contract closed at Xiaoyangzhu, continued to show a strong uplink mode, standing above the 5-day moving average, follow-up attention to the pressure of 13600 yuan / ton above.

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