A summary chart of futures company viewpoints: June 2nd, non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.)
2026-06-02 11:27:35
Copper prices fluctuated within a high range, supported by geopolitical risk aversion and dragged down by loose spot prices; zinc prices fluctuated with a slightly stronger bias due to tight supply at the mine and diverging demand; aluminum prices were stronger overseas than domestically, with high inventories limiting the upside potential of Shanghai aluminum, resulting in wide fluctuations in the short term; nickel prices remained range-bound due to overseas supply contraction and high inventories; tin prices had a solid medium- to long-term upward trend driven by tight supply at the mine and expanding demand from emerging markets, with short-term gains expected.

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