Support from the mining sector is mixed, and off-season demand is hindering the rebound of non-ferrous metals: Summary of views on non-ferrous metals on November 6th.
2026-11-06 10:53:27
Tight supply and low inventory levels in the copper, zinc, and tin ore markets provide bottom support, while aluminum is suppressed by increased imports. Nickel supply is generally ample, with significant differentiation among different varieties. Downstream markets are entering the traditional off-season, with end-users primarily purchasing based on immediate needs, and only new energy and power grid sectors showing structural demand. The US dollar and US Treasury yields repeatedly disrupt the market, and domestic policies to stabilize growth have not yet been implemented. Institutions generally predict short-term range-bound trading for all commodities, with a trend still pending improved demand. A summary chart of futures company views is provided: Non-ferrous metals (copper, zinc, aluminum, nickel, tin, etc.) on November 6th. See the FX678 chart in this article for more details. 
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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