Jiangxi Copper has a subsidiary futures company, a downloadable trading system, and can see the real-time futures market.
Nonferrous metal futures include copper, aluminum, lead, zinc, tin, nickel and some options.
Among them, the leader is copper, which has a solid market foundation and a wide range of participants, and has both commodity attributes and financial attributes.
That is, it is not only affected by the relationship between supply and demand, but also by the macro economy, the international situation and the rise and fall of the US dollar.
Its financial attributes are second only to gold and silver. Copper futures denominated in US dollars are negatively correlated with the long-term trend of the US dollar index and positively correlated with the rise and fall of the global economy, so they are also called "Dr. Tong".
Of course, other metals also have their own characteristics, especially nickel, stainless steel and electric cars, so they continue to be the star varieties in the non-ferrous metal market.
Zinc is the second most widely used variety in industry, with broad prospects and rich imagination.
Everyone is familiar with lead and tin. The amount of lead used in storage batteries is very large. Tin is a welding agent, and they are also additives of copper.
Aluminum is the second largest basic metal after copper, and it is widely used. China is also a big producer of aluminum, and China Aluminum is a world-renowned enterprise and a giant in the industry.
Gold and silver are also non-ferrous metals, but they are rare metals, and their financial properties are stronger than those of commodities.