A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on May 18th
2026-05-18 13:15:56
Copper: Macroeconomic disturbances and tight supply have led to volatile copper prices; the market is somewhat cautious, and coal prices are fluctuating narrowly. Zinc: Frequent overseas smelting accidents and renewed interest rate hike expectations have led to profit-taking by long positions, but support remains. In the short term, Shanghai zinc will continue to follow capital flows, and is expected to fluctuate with a slightly stronger bias if supply tightening expectations are factored in. Aluminum: Shanghai aluminum's upside and downside are limited, and it is consolidating within a short-term range; aluminum prices are facing pressure on any short-term rebound. Nickel: Overall supply is decreasing; the market may maintain a wide range of fluctuations; nickel prices are facing pressure on any short-term rebound. Tin: Tin prices have fallen from their highs, and are under pressure in the short term.

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