A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 2nd.
2026-07-02 13:15:39
Copper: Reduced inventories support prices, and easing interest rate hike expectations have led to a rebound in copper prices. Prices are expected to fluctuate, and a wait-and-see approach is advisable for now. Zinc: Strict control over the disorderly expansion of zinc smelting capacity will cause zinc prices to fluctuate in the short term. Aluminum: Macroeconomic pressures and industry destocking are at play, leading to continued weak fluctuations in the short term. Nickel: Recent easing of Indonesian nickel ore prices has reduced cost support, and nickel prices are expected to remain weak and volatile in the short term. Tin: Low inventories amplify price elasticity, resulting in wide-range fluctuations with a slightly stronger bias.

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