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[brief Review of Zinc in SMM period] the breaking pressure of zinc is higher during the period of high rise and fall.
Jul 28,2020 16:53CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 28:

During the day, the main 2009 contract of Shanghai zinc opened at 18170 yuan / ton, and at the beginning of the day, the zinc warehouse uplink refreshed the recent high to 18525 yuan / ton, the upper action could not have enough funds to stop the earnings and left the market one after another, and the zinc concussion was expected to give up all the gains in the day. make up for a slight fall in the vicinity of 18080 yuan / ton, and make a small repair arrangement after a low of 17930 yuan / ton. The final close fell 17980 yuan / ton, down 100 yuan / ton, down 0.55%. The trading volume increased by 91194 lots to 288000 lots, and the position increased by 153 lots to 97908 lots. Lun Zinc closed a long positive column, several breaks in succession ended in failure, the expected production growth is more certain, lack of market participation, it is expected that the zinc shock market will continue in the short term.

 

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