Di Yi Cai Jing·2025-10-30 00:50Core Viewpoint - The report from CITIC Securities indicates that supply tightness is expected to drive prices of copper and cobalt commodities upward, while lithium prices may rise due to unexpected demand in energy storage [1] Commodity Price Outlook - Copper and cobalt prices are anticipated to continue rising due to supply constraints [1] - Lithium prices are expected to benefit from higher-than-expected energy storage demand [1] - Precious metals have experienced a pullback, but the overall bullish sentiment remains unchanged [1] - Coal and electrolytic aluminum, which have shown stagnation this year, may receive increased attention in Q4 [1] Other Commodities - Oil and steel/iron ore prices are projected to remain weak [1] - Silicon product prices are expected to see a slight increase [1] - The investment enthusiasm for bulk commodities is likely to persist amid liquidity easing and countries strengthening their efforts to secure key resources [1]