A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on April 20th
2026-04-20 11:14:09
A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on April 20th. See the special chart in this article for more details.
Copper: Copper prices may fluctuate within a wide range with a slight upward bias in the short term; domestic inventories are declining, and it's peak consumption season, making arbitrage a viable strategy. Zinc: Spot discounts are widening, with an overall weak bias, and inventories remain high; zinc prices may fluctuate within a range with a slight upward bias. Aluminum: The direction is likely to break upwards; the Middle East situation has brought renewed uncertainty, and aluminum prices may recover after a decline; alumina prices are expected to fluctuate mainly, with limited rebound potential, and a range-bound trading strategy is recommended. Nickel: Nickel prices are facing downward pressure in the short term; the Middle East situation is volatile, but the overall trend remains strong. Tin: Tin prices are facing downward pressure in the short term; the Strait of Hormuz is closed again, increasing tin price volatility.
The above content is based on big data analysis and is for reference only, not investment advice. This chart is specially produced by FX678 and is copyrighted.
Copper: Copper prices may fluctuate within a wide range with a slight upward bias in the short term; domestic inventories are declining, and it's peak consumption season, making arbitrage a viable strategy. Zinc: Spot discounts are widening, with an overall weak bias, and inventories remain high; zinc prices may fluctuate within a range with a slight upward bias. Aluminum: The direction is likely to break upwards; the Middle East situation has brought renewed uncertainty, and aluminum prices may recover after a decline; alumina prices are expected to fluctuate mainly, with limited rebound potential, and a range-bound trading strategy is recommended. Nickel: Nickel prices are facing downward pressure in the short term; the Middle East situation is volatile, but the overall trend remains strong. Tin: Tin prices are facing downward pressure in the short term; the Strait of Hormuz is closed again, increasing tin price volatility.
The above content is based on big data analysis and is for reference only, not investment advice. This chart is specially produced by FX678 and is copyrighted.
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