Home / Metal News / Nickel / [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.
Jul 21,2020 16:45CST
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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.

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