Demand remains weak, limiting the upside potential of metals: Summary of views on non-ferrous metals on August 18th
2026-08-18 13:56:58
A summary chart of futures company views: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on August 18th. See the FX678 chart in this article for more details. Copper: Increased LME inventories limit price increases; overseas squeeze risk has eased marginally, copper prices are expected to fluctuate at high levels; Zinc: Domestic export windows have opened, overseas supply pressure may rebound, and the risk of squeeze remains despite current low inventories, zinc prices are expected to fluctuate; Aluminum: The rate of aluminum ingot destocking has slowed, inventories are accumulating in South China, downstream processing operations are under pressure, and aluminum rod processing fees have fallen. Aluminum prices are expected to fluctuate within a range; Nickel: Weekly social inventories have not changed significantly, and prices are expected to fluctuate weakly under the current expectation of quota release; Tin: The ongoing US-Iran stalemate is putting pressure on tin prices, causing them to fluctuate. 
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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