SMM4, 8 March:
[SMM stainless Steel Review]
Today, the stainless steel main contract SS2006 opened at 12030 yuan / ton, after the opening, or affected by the nickel price all the way up, the stainless steel 06 contract also showed a upward trend, exploring the high point of 12245 yuan / ton during the day, and then falling slightly, giving back part of the increase, bearing the pressure of 12200 yuan / ton above, the center of gravity fluctuated slightly around 12170 yuan / ton, and finally closed at 12205 yuan / ton, up 1.29% from the closing price of the previous trading day. Trading volume increased by 2728 hands to 15310 hands, position increased by 1453 hands to 46795 hands.
SS2006 contract closed today in the central pole, the overall stand above the 20-day moving average, standing 12000 yuan / ton level, follow-up attention to whether stainless steel to maintain a strong trend, continued to fluctuate above 12000 yuan / ton.
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