The non-ferrous metals sector is showing divergent trends, with destocking driving market movements: July 22nd [Non-ferrous Metals] Views Summary
2026-07-22 13:28:14
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 22. See the chart provided by FX678 for more details. Copper: Market sentiment is currently volatile. Cautious observation of macroeconomic and copper tariff changes is advised. Strong fundamentals provide short-term support for copper prices. Zinc: Downstream construction activity is weak due to the off-season for real estate and infrastructure, spot prices continue to be discounted, and demand lacks highlights. Downside potential is limited. Long-term strategy: buy on dips. 24,000-24,500 yuan is a key support level. Short-term: remain on the sidelines. Aluminum: Aluminum price upward momentum is currently insufficient, awaiting a breakout. Nickel: Recent domestic nickel ore prices in Indonesia have continued to decline, and the upside potential for nickel prices is expected to be limited. Tin: Tight supply and demand balance offers medium- to long-term investment value. Short-term volatility is amplified. A buy-on-dips strategy is recommended once market sentiment stabilizes, with wide-range fluctuations expected. 
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.
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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