TODAY'S MARKET INTELLIGENCE
Oct 30 Non-ferrous Futures View: Supply-Demand Divergence, Range-bound Oscillation Dominates
English summary
On October 30, non-ferrous futures (copper, zinc, aluminum, nickel, tin) showed divergent supply-demand dynamics. Copper spot was tight but demand fell short of expectations; zinc had tight ore supply and weak demand; aluminum lacked strong drivers; nickel faced loose supply with disruption from production cut news; tin was dragged down by semiconductor sentiment but supported by low mine inventories. A stronger USD pressured the sector, suggesting a range-bound trading approach.
The English text is machine translated and may require verification against the Chinese version.
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