A chart summarizing the views of futures companies: Nonferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on October 9th
2025-10-09 11:42:29
A chart summarizing the views of futures companies: October 9th for nonferrous metals (copper, zinc, aluminum, nickel, tin, etc.). For more details, see the special chart in this article.
Copper: In the medium and long term, the shortage of copper ore supply will continue to consolidate the bottom center of gravity of copper prices. The macro and mine disturbances will resonate, and copper prices will fluctuate at a high level. Zinc: The logic of loose supply may evolve into a logic of oversupply. The performance of Shanghai zinc will continue to be under pressure. Domestic zinc prices may be weaker than foreign prices, but in the short term it will be driven by copper to strengthen. Aluminum: Inventories continue to accumulate, spot prices are under downward pressure, and the fundamentals remain bearish. Nickel: Overseas inventories remain high, domestic social inventories remain stable, and the bonded area inventory trend declines. Demand is lower than expected, and nickel stainless steel prices fluctuate weakly. Tin: The raw material gap weakens the impact of the marginal decline in demand. Under strong fundamentals, tin prices are expected to continue to fluctuate strongly.
This chart is specially created and compiled by Huitong Finance, all rights reserved.
Copper: In the medium and long term, the shortage of copper ore supply will continue to consolidate the bottom center of gravity of copper prices. The macro and mine disturbances will resonate, and copper prices will fluctuate at a high level. Zinc: The logic of loose supply may evolve into a logic of oversupply. The performance of Shanghai zinc will continue to be under pressure. Domestic zinc prices may be weaker than foreign prices, but in the short term it will be driven by copper to strengthen. Aluminum: Inventories continue to accumulate, spot prices are under downward pressure, and the fundamentals remain bearish. Nickel: Overseas inventories remain high, domestic social inventories remain stable, and the bonded area inventory trend declines. Demand is lower than expected, and nickel stainless steel prices fluctuate weakly. Tin: The raw material gap weakens the impact of the marginal decline in demand. Under strong fundamentals, tin prices are expected to continue to fluctuate strongly.
This chart is specially created and compiled by Huitong Finance, all rights reserved.
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