Home / Metal News / [SMM stainless Steel Futures Review] the overall SS2009 contract is supported by the 5-day moving average in the 13460m / t range of 13,570 yuan / ton.

[SMM stainless Steel Futures Review] the overall SS2009 contract is supported by the 5-day moving average in the 13460m / t range of 13,570 yuan / ton.

iconJul 21, 2020 16:45
Source:SMM

SMM, July 21,

[SMM stainless Steel Review]

SS2009 contract night trading opened at 13470 yuan / ton, after opening, the lower by the 5-day moving average support shock uplink to 13580 yuan / ton, and then concussion fell below the opening price, and finally closed at 13450 yuan / ton. During the day, it opened at 13475 yuan / ton and fluctuated slightly around the daily moving average in the range of 13460 won 13530 yuan / ton. Finally, it closed at 13505 yuan / ton, up 130 yuan / ton, or 0.97%, over the settlement price of the previous day. The daily trading volume was 21042 lots, and the position decreased by 461 lots to 40700 lots.

Throughout the day, the SS2009 contract closed at Xiaoyangzhu, and the entity ran on the 5 / 10 moving average, supported by the 5-day moving average. Follow-up attention will be paid to the support of the SS2009 contract.

For more information, please subscribe to SMM Nickel Research Group products "China Ni-Cr stainless Steel Industry chain routine report" and "China Ni-Cr stainless Steel Industry chain High-end report" to get the latest data analysis and market analysis of nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochrome and stainless steel (China + Indonesia). For order and trial, please call 021 tel 5166 6817 QQ: 2880 505562, contact: Li Chuntian]

     
 (上海有 色 网  李春田 TEL:021-5166 6817 QQ :2880505562)

SMM Review
Daily Review
Futures Review
stainless Steel Review
trend Forecast

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn