Widening divergence between domestic and international fundamentals intensifies the battle between bulls and bears in the non-ferrous metals sector: Summary of views on non-ferrous metals on August 17th
2026-08-17 12:37:02
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on August 17th. See the chart provided by FX678 for more details. Copper: A favorable supply and demand balance is expected to support the long-term price center. Short-term price divergence lies in whether the risk of overseas short squeezes can be alleviated, potentially leading to increased price volatility with a slightly bullish bias. Zinc: Affected by expected declines in smelting output, zinc prices may fluctuate with a slightly bullish bias in the short term. Aluminum: The macroeconomy is currently in a data vacuum period, while domestic inventory levels remain high. The strength of the peak season remains to be seen, and the accelerated resumption of overseas production is suppressing upside potential. Shanghai aluminum is expected to face short-term pressure. Nickel: High-nickel pig iron prices remain stable, providing some support at the cost line. However, downstream purchasing intentions remain weak during the off-season, resulting in generally quiet trading and a slightly bearish bias. Tin: With improving macro sentiment and a generally strong fundamental outlook, tin prices are expected to fluctuate with a slightly bullish 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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