A chart summarizing the views of futures companies: July 31 nonferrous metals (copper, zinc, aluminum, nickel, tin, etc.)
2025-07-31 13:16:51
A chart summarizing the views of futures companies: July 31st for nonferrous metals (copper, zinc, aluminum, nickel, tin, etc.). For more details, see the special chart in this article.
Copper: The scope of products subject to U.S. copper tariffs has been determined, COMEX copper has plummeted, and the support from fundamentals is also quite weak, so it is temporarily viewed as weak; Zinc: In the short term, zinc is under pressure and falling. In the medium and long term, zinc supply will increase and demand will decrease throughout the year. Exports + domestic demand have weakened marginally, and short-term weak fluctuations are expected; Aluminum: The weekly supply and demand surplus has expanded, and the fundamentals are bearish. It is recommended to wait and see; Nickel: The overall fundamentals have not changed much, and the demand from above is suppressing, and it is still fluctuating; Tin: The tin price rebounded under pressure and fluctuated widely. It is recommended to wait and see.
This chart is specially created and compiled by Huitong Finance, all rights reserved.
Copper: The scope of products subject to U.S. copper tariffs has been determined, COMEX copper has plummeted, and the support from fundamentals is also quite weak, so it is temporarily viewed as weak; Zinc: In the short term, zinc is under pressure and falling. In the medium and long term, zinc supply will increase and demand will decrease throughout the year. Exports + domestic demand have weakened marginally, and short-term weak fluctuations are expected; Aluminum: The weekly supply and demand surplus has expanded, and the fundamentals are bearish. It is recommended to wait and see; Nickel: The overall fundamentals have not changed much, and the demand from above is suppressing, and it is still fluctuating; Tin: The tin price rebounded under pressure and fluctuated widely. It is recommended to wait and see.
This chart is specially created and compiled by Huitong Finance, all rights reserved.
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