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[SMM stainless Steel Futures Review] the continuous negative of SS2009 contract fluctuated in the range of 13400 Mil 13500 yuan / ton.
Jul 17,2020 17:55CST
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Source:SMM
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SMM July 17, [SMM stainless steel futures review] SS2009 contract night opened at 13480 yuan / ton, the upper pressure 10-day average 13487 yuan / ton, the lower is supported by 13400 yuan / ton gate, the overall center of gravity around 13450 yuan / ton narrow shock, and finally closed at 13490 yuan / ton. During the day, it opened at 13490 yuan / ton. After opening, it continued the trend of night trading, fluctuating in the range of 13,400 won 13490 yuan / ton as a whole. Finally, it closed at 13450 yuan / ton, an increase of 45 yuan / ton, or 0.34%, over the settlement price of the previous day. The daily trading volume was 13026 lots, and the position decreased by 480 yuan to 41478 lots. Throughout the day, the SS2009 contract closed at the small negative column, the K-column fell below the 10-day moving average and was supported by 13400 yuan / ton below. The SS2009 contract has closed negative for four consecutive days, and the follow-up attention will be paid to whether the SS2009 contract can fluctuate in the 13400 Mercury 13500 yuan / ton range.

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