Non-ferrous Futures Outlook: Supply Support vs. Weak Demand Leads to Range-bound Trading

English summary

On October 21, views on non-ferrous futures (copper, zinc, aluminum, etc.) indicate that while mine-side support and smelter maintenance reduce supply, weak downstream demand and a strong dollar limit directional moves. With balanced bullish and bearish forces, prices are expected to remain range-bound in the short term, requiring monitoring of inventory and orders.