Mei Ri Jing Ji Xin Wen·2025-11-11 00:28Core Viewpoint - The company believes that a bull market for resource products, driven by supply constraints, will continue into 2024 and 2025, with a positive outlook extending to 2026, characterized by strong demand and limited supply [1] Group 1: Market Outlook - The bull market for non-ferrous metals is expected to be significant, with a focus on "new quality productivity" as the demand driver, contrasting with the previous cycle that was heavily influenced by real estate and infrastructure [1] - The company maintains a bullish stance on the market, anticipating that the characteristics of supply constraints and strong demand will persist through 2026 [1] Group 2: Key Drivers - The rapid rise of China and its substantial industrial advantages are identified as key factors supporting the ongoing bull market [1] - Emerging sectors such as AI, robotics, and new materials are expected to experience strong growth cycles, contributing to the overall market dynamics [1]