Macroeconomic disturbances have not yet been eliminated, and non-ferrous metals await a breakout driver: Summary of views on non-ferrous metals on July 28.
2026-07-28 14:32:04
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 28th. See the FX678 chart in this article for more details. Copper: Stronger LME spot prices support prices; slight inventory accumulation weakens the support from the spot premium. Overall, copper prices are expected to fluctuate with a slightly upward bias. Zinc: Affected by expected declines in smelting output, zinc prices may fluctuate with a slightly upward bias in the short term. Tight balance at the mining end supports prices, while upward movement depends on overseas inventories and loose macro liquidity. Aluminum: Short-term aluminum prices will be mixed, and have not yet broken out of the volatile trend. Nickel: Exports may be disrupted, and recent warehouse receipts have been continuously reduced, leading to a slightly upward bias in nickel prices. Tin: Spot prices surged, and low inventory levels remain supportive; after a high and subsequent pullback in the night session, prices fluctuated widely. 
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.- Risk Warning and Disclaimer
- The market involves risk, and trading may not be suitable for all investors. This article is for reference only and does not constitute personal investment advice, nor does it take into account certain users’ specific investment objectives, financial situation, or other needs. Any investment decisions made based on this information are at your own risk.
