A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 1st.
2026-07-01 14:01:04
A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 1st. See the special chart in this article for more details.
Copper: Copper fundamentals remain stable. Currently highly correlated with the macro market, copper prices lack a clear trend driver; range-bound trading awaits policy support. Zinc: Marginal inventory reduction leads to high-level consolidation after a rebound; zinc prices may fluctuate weakly due to market expectations of a Fed rate hike. Aluminum: Both buyers and sellers are cautious about declining aluminum prices; a sharp drop in spot prices has reversed the basis, suggesting short-term weak consolidation. Nickel: Macroeconomic pressures, slightly easing inventory accumulation, and cost constraints limit downward elasticity; the non-ferrous metals sector is under pressure with divergence, with nickel and stainless steel prices fluctuating downwards. Tin: Low inventory provides support, resulting in wide-range, slightly stronger fluctuations.
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 fundamentals remain stable. Currently highly correlated with the macro market, copper prices lack a clear trend driver; range-bound trading awaits policy support. Zinc: Marginal inventory reduction leads to high-level consolidation after a rebound; zinc prices may fluctuate weakly due to market expectations of a Fed rate hike. Aluminum: Both buyers and sellers are cautious about declining aluminum prices; a sharp drop in spot prices has reversed the basis, suggesting short-term weak consolidation. Nickel: Macroeconomic pressures, slightly easing inventory accumulation, and cost constraints limit downward elasticity; the non-ferrous metals sector is under pressure with divergence, with nickel and stainless steel prices fluctuating downwards. Tin: Low inventory provides support, resulting in wide-range, slightly stronger fluctuations.
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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