Inventory and geopolitical disturbances lead to significant differences in the price movements of various commodities: July 23rd Summary of Views on Non-Ferrous Metals
2026-07-23 13:00:16
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 23. See the FX678 chart in this article for more details. Copper: Copper prices continue to show strength, with technical indicators improving, attracting market attention again. The continued strength in copper prices is related to improved sentiment in domestic and international financial markets; the market is cautious, and prices are fluctuating at high levels. Zinc: Zinc prices may fluctuate weakly in the short term; supply and demand are both weak. Aluminum: Due to the current low valuation range, there is some resistance at the bottom, and short-term consolidation at low levels is expected; the fluctuations are narrowing. Nickel: Recent warehouse receipts have continued to decline, and nickel prices are fluctuating with a slight upward bias. Tin: Domestic spot prices maintain a premium, industry support is strong, overseas exports to Indonesia have declined year-on-year, and LME destocking is expected to continue; tin prices are expected to fluctuate with a slight upward bias in the short term. 
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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