I would like to ask why the non-ferrous and coal sectors will strengthen after the price increase of crude oil.
Coal is an alternative resource of crude oil, so there is a trade-off relationship between coal and crude oil. The sharp rise in oil prices will, to a certain extent, shift the global demand for crude oil to coal, which in turn will drive a substantial increase in coal consumption. The trend of non-ferrous metals and other commodities is also related to the trend of crude oil.