[SMM Nickel Morning News] Lunni showed a clear upward trend yesterday and followed up on US $11500 / ton position support.

SMM, 9 April:

Lunni opened at $11415 a tonne yesterday, with a daytime low of $11330 / tonne at the beginning of the day before rebounding in that position, with a resistance of $11590 per tonne all the way up through the 20-day moving average of $11450 / tonne. Entering the European period, Lunni turned downward, falling below the support level of $11500 / tonne, which fluctuated narrowly around the $11490 / tonne line until the close, and finally closed at $11510 / tonne, up $80 / tonne, or 0.7 per cent, from the settlement price of the previous trading day. Trading volume increased by 526 hands to 6454 hands, while positions decreased by 764 hands to 221896 hands. Lunni closed yesterday in a small balcony, the K column broke through the 20-day moving average resistance, 5-10-20 moving average may cross the technology, Lunni today opened at 11520 US dollars / ton, follow-up attention to whether Lunni can stand in this position.

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6775 QQ: 1553 928752, contact: Zhang Lingying]

(Zhang Lingying TEL:021-5166 6775 QQ: 1553928752)

"Click to sign up:" 2020 (Fifth) China International Nickel Cobalt Lithium Summit Forum "

To sign up for the Nickel Cobalt Lithium Summit or apply for entry into the SMM New Energy vehicle / Cobalt Lithium Industry Exchange Group, please scan the QR code below: