Despite repeated geopolitical disturbances in the non-ferrous metals sector, why did aluminum exhibit independent resilience? July 9th Summary of Views on Non-Ferrous Metals
2026-07-09 13:24:55
A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 9th. See the special chart in this article for more details.
Copper: The market is trading on short-term inflation and interest rate logic. Market sentiment is weakening marginally, affecting copper price performance. However, the volatility of Shanghai copper remains low, indicating that neither bulls nor bears are willing to break the current balance. Therefore, a wait-and-see attitude is maintained in the short term. Zinc: Zinc prices are fluctuating weakly. Support from the mining sector remains. Macroeconomic pressure returned to the market overnight. The short-term zinc price center has risen slightly compared to the previous period, but the rebound elasticity still depends on whether inventory can continue to decline. Aluminum: Destocking provides bottom support, but weak demand limits the upside potential. It is fluctuating within a range. Long positions should be closed at higher levels. Nickel: Macroeconomic pressure has eased slightly, and the actual situation has stabilized somewhat. Tin: Weakening macroeconomic sentiment is suppressing the market. It is fluctuating widely in the short term. Long positions should be closed. The tight supply and demand in the medium and long term makes it a valuable investment opportunity.
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: The market is trading on short-term inflation and interest rate logic. Market sentiment is weakening marginally, affecting copper price performance. However, the volatility of Shanghai copper remains low, indicating that neither bulls nor bears are willing to break the current balance. Therefore, a wait-and-see attitude is maintained in the short term. Zinc: Zinc prices are fluctuating weakly. Support from the mining sector remains. Macroeconomic pressure returned to the market overnight. The short-term zinc price center has risen slightly compared to the previous period, but the rebound elasticity still depends on whether inventory can continue to decline. Aluminum: Destocking provides bottom support, but weak demand limits the upside potential. It is fluctuating within a range. Long positions should be closed at higher levels. Nickel: Macroeconomic pressure has eased slightly, and the actual situation has stabilized somewhat. Tin: Weakening macroeconomic sentiment is suppressing the market. It is fluctuating widely in the short term. Long positions should be closed. The tight supply and demand in the medium and long term makes it a valuable investment opportunity.
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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