Domestic and international inventories continue to decline, and liquidity expectations are impacting the non-ferrous metals market: Summary of views on the non-ferrous metals sector on July 31.
2026-07-31 14:00:49
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on July 31st. See the chart provided by FX678 for more details. Copper: The rapid decline in domestic and international inventories, especially the rate of decline on the LME, has attracted market attention, providing strong support for copper prices; Zinc: Soft US GDP and PCE are driving a recovery, but high inventories limit upside potential; Aluminum: Macroeconomic sentiment is improving; Shanghai aluminum continues to hit recent highs, pay attention to changes in fund flows; Macroeconomic pressure is easing, and aluminum ingot destocking remains unchanged; Nickel: Fundamental logic has improved somewhat, but be wary of Indonesian news at low levels; Indonesia's new export inspection policy is taking effect, and nickel and stainless steel are maintaining a volatile trend; Tin: Short-term wide-range fluctuations, buy on dips after sentiment stabilizes, and it has medium- to long-term investment value. 
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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