Early comments on non-ferrous metals copper, aluminum, zinc, lead, tin and nickel on March 1

Copper prices: The high yields of U.S. Treasuries dampened market risk appetite. Copper closed down nearly 3.8% in the next week. Copper inventories on the Shanghai Futures Exchange increased sharply. Rising corporate production costs inhibited the start of consumption. Today, copper materials fell sharply.

Aluminum price: The US dollar index rose sharply to a one-week high, and the aluminum high price dropped the next week to close by nearly 2.8%. The domestic electrolytic aluminum inventory continued to accumulate, and the new production capacity continued to be put into production slowly. It is expected that the current aluminum will fall today.

Zinc price: U.S. Treasury yields rose sharply. Zinc fell sharply the next week and closed down 2.9%. Domestic zinc ingot inventories have clearly accumulated, terminal work resumed less, and the increase in corporate orders is still less than expected. Zinc is expected to fall today.

Lead prices: Affected by the rebound in the US dollar, lead prices fell sharply every other week and closed down 3.64%. The stock market plummeted to hit the market's bullish sentiment. The production of recycled lead steadily increased, and the battery consumption situation was not good. Lead may fall today.

Tin prices: The US debt storm struck, and the international metals plummeted across the board the following week. Lunxi opened lower and closed down, plummeting 4.38%. Lunxi stocks rebounded. Merchants were cautiously waiting and seeing light transactions. Today, tin may fall along with futures.

Nickel prices: The US dollar rebounded and metals were under pressure. Nickel fell 1.8% in the next week. Nickel fell in the long-term exit period. Risk aversion in the market rose. Spot transactions declined. Holders entered a wait-and-see situation. Nickel is expected to fall today.