Inventory turnover is shifting, and support for various commodities is gradually weakening: Summary of views on non-ferrous metals on August 13th.
2026-08-13 14:18:56
A summary chart of futures company viewpoints: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on August 13th. See the FX678 chart in this article for more details. Copper: US CPI data met expectations, copper prices rose and then fell overnight; high prices still suppress demand, leading to a slight decline in copper prices; Zinc: Domestic export windows have opened, overseas supply pressure may rebound, and the risk of squeeze remains due to current low inventory levels, resulting in a slightly bullish and volatile zinc price; Aluminum: Domestic and international inventories are decreasing simultaneously, but the rate of destocking is slowing. Geopolitical premiums are facing a two-way pull, causing aluminum prices to fluctuate within a range; Nickel: Domestic and international inventories are decreasing simultaneously, but the rate of destocking is slowing. Geopolitical premiums are facing a two-way pull, causing aluminum prices to fluctuate within a range; Tin: Inflation met market expectations, putting downward pressure on tin prices. 
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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