Early comments on the market of non-ferrous metals copper, aluminum, zinc, lead, tin and nickel on March 5

Copper price short comment: The US dollar index rose to a three-month high, and Lun copper fell 5.8% under pressure overnight. The agency said that the fundamental support factors began to fade, and the current macro atmosphere disturbed the market. Today, copper materials fell sharply.

A short comment on aluminum prices: the global stock market fell and hit the commodity market. The weak trend of Lun aluminum overnight closed down by more than 3.8%. Recently, downstream enterprises have been on the sidelines and the supply side has steadily increased. It is expected that the current aluminum will fall today.

Zinc price short comment: The US index rebounded and put pressure on the zinc market overnight. Zinc closed at a low level and fell 2.37%. The market was dominated by bearish sentiment, and domestic zinc ingot inventories continued to rise. Shanghai zinc was mainly weak and volatile. Zinc is expected to fall today.

Lead price short comment: The market is full of bearish atmosphere. Lead fluctuated overnight and closed down 2.08%. The replenishment demand of some battery factories has not yet been released. The accumulation of short-term social inventories is difficult to ease. Lead prices are under pressure. Lead may fall today.

Tin price short comment: the US small non-farmers in February did not meet expectations and caused market concerns. Lunxi rose overnight and closed down 1.43%; nickel prices plummeted recently and investors left the market before the weekend. The trend of Shanghai tin is still weak, and tin is expected to appear today. Continue to fall.

Nickel price short comment: Lun Nickel suffered a sharp drop of 8.02% overnight, causing base metals to fall. During the two sessions, market sentiment was cautious. Stainless steel fell sharply due to the drag of nickel. Spot transactions were sluggish. Nickel is expected to continue to fall today.