The battle between bulls and bears in the non-ferrous metals sector: Inventory changes become a key point of observation: Summary of views on the non-ferrous metals sector on August 11.
2026-08-11 13:30:57
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on August 11th. See the FX678 chart in this article for more details. Copper: Market sentiment is currently volatile. Cautious observation of macroeconomic developments and copper tariff changes is advised, with a generally bullish trend expected. Zinc: With the domestic export window open, overseas supply pressure may increase. LME inventories continue to accumulate slightly, and the risk of short squeeze remains at current low inventory levels. Zinc prices are expected to fluctuate with a bullish bias. Aluminum: Domestic and international inventories are decreasing simultaneously, but the rate of destocking is slowing. The US-Iran negotiations are at a stalemate, and aluminum prices may continue to break upwards. Nickel: If Indonesia's nickel ore replenishment quota falls short of expectations, or sulfur prices continue to rise, nickel prices may continue to trade with a bullish bias. Tin: Low inventories still provide support. A high opening followed by a decline indicates insufficient support at higher prices, and wide-range fluctuations are expected to continue. 
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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