Off-season consumption is constraining, and the upward momentum still needs to be verified: Summary of views on non-ferrous metals on August 10th
2026-08-10 14:22:56
[Non-Ferrous Metals] A summary chart of futures company views on August 10th. Copper: Slightly bullish with fluctuations; Zinc: Slightly bullish with fluctuations; Aluminum: Range-bound; Nickel: Quota-related disturbances; Tin: Slightly bullish with fluctuations. A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on August 10th. See the FX678 special chart in this article for more details. Copper: Accelerated LME inventory reduction supports prices; copper prices have encountered resistance at higher levels and are expected to fluctuate with a slightly upward bias in the near future; Zinc: The negative US July non-farm payrolls failed to support the night session, and high inventory levels constrained the rebound; Zinc prices may fluctuate with a slightly upward bias in the short term due to expected declines in smelting output; Aluminum: Sentiment has improved, and inventory reduction has slowed; Short-term geopolitical premiums face two-way pressure, and aluminum prices will continue to fluctuate within a range; Nickel: Quota restrictions have repeatedly caused disturbances; Overseas inventories continue to decline, while domestic weekly inventories show a slight increase, and quota risks limit the price's potential; Tin: The negative US July non-farm payrolls failed to support the night session, and high inventory levels constrained the rebound; Improved macro sentiment and generally strong fundamentals suggest that tin prices will fluctuate with a slightly upward bias. 
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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