First of all, it needs to be clear that the financial crisis will not only lead to the decline in the prices of non-ferrous metals, but also the decline in commodities to varying degrees. The main reasons are as follows:

1, one of the manifestations of the financial crisis is the high unemployment rate, which means that business is difficult and demand is not strong. In the case of constant supply, demand weakens and prices naturally go down. This is analyzed from the perspective of supply and demand.

2, the financial crisis will change people's overdue, people expect the future economic downturn, will reduce consumption, so there will be in the market.

3. Non-ferrous metal enterprises such as copper, aluminum and zinc are all labor-intensive enterprises with huge output. In the event of a financial crisis, it may lead to overcapacity. In 2008, when the global financial crisis occurred, China introduced a series of economic stimulus measures, resulting in serious overcapacity in cement, coal, steel, nonferrous metals and other industries. Can prices not fall?

4. Weak external demand. China is currently the largest producer and consumer of nonferrous metals in the world. Under the financial crisis, global demand is weak, domestic demand is sluggish, exports are hopeless, and prices naturally fall.