Core Viewpoint - The non-ferrous and precious metals sector is showing significant signs of correction, with various futures contracts experiencing notable declines [1][3]. Group 1: Market Performance - As of January 8, the Shanghai nickel 2602 contract fell by 6.14%, having previously hit the upper limit in the prior trading session [1]. - Other futures contracts, including Shanghai silver, international copper, Shanghai aluminum, and others, also saw declines exceeding 2% [1]. - The market's downturn reflects a consensus on the overheating of the market and regulatory attitudes [11]. Group 2: Risk Management Measures - The Shanghai Futures Exchange (SHFE) issued a notification regarding market risk control, urging relevant parties to take measures to mitigate risks and maintain market stability [4]. - The SHFE announced an increase in the trading margin and price fluctuation limits for silver futures, effective from January 9, raising the fluctuation limit to 16% and the margin for hedging positions to 17% [5][6]. - Additionally, the daily opening position limit for non-futures company members and special overseas non-broker participants in silver futures was set to 7,000 lots [7]. Group 3: Analyst Insights - Analysts suggest that despite the long-term support for precious metals, the current market dynamics indicate increased volatility and risk, necessitating cautious investment strategies [12]. - Concerns over supply disruptions in tin due to geopolitical factors and production cuts in Indonesia have contributed to price increases, with tin reaching a high of 360,000 since March 2022 [12]. - The geopolitical landscape, particularly regarding copper supply, remains a concern, with the U.S. including copper in its critical mineral list, potentially affecting global supply dynamics [13].
白银锡铜集体下挫 上期所限手数调费率最快今晚生效 有色回调序幕开启？
Sou Hu Cai Jing·2026-01-08 13:13