锌铟价格走高，镍铝供给端多重催化，有色板块掀起涨停潮，有色ETF银华（159871）涨4.65%！

Group 1 - The core viewpoint of the news highlights a significant rise in the performance of the non-ferrous metal sector, with the Shanghai Composite Index increasing by 1.20% and the CSI Non-Ferrous Index rising by 4.88% on February 25 [1] - Individual stocks such as Yunnan Tin Company, Anning Co., Huaxi Nonferrous, and others reached their daily limit, with Hanrui Cobalt rising over 15% [1] - The Silverhua Non-Ferrous ETF (159871) saw a 4.65% increase, with a trading volume of 62.637 million yuan and a turnover rate of 6.19%, reflecting a 115.15% increase over the past year [1] Group 2 - The zinc and indium sectors experienced a price increase, with domestic crude indium prices reported at 4,600 yuan per kilogram and refined indium at 4,700 yuan per kilogram, both up by 300 yuan per kilogram compared to pre-holiday levels [2] - A landslide at the Morowali nickel mine in Indonesia is expected to impact local nickel production, with the country's nickel quota for 2026 projected to be 250-260 million tons, a decrease of over 34% from 379 million tons in 2025, indicating a tightening global nickel supply [2] - The aluminum industry is seeing collaboration between Emirates Global Aluminum and U.S. companies to advance aluminum projects in Oklahoma, with expectations of U.S. tariff reductions on steel and aluminum products in the coming weeks, which does not include primary metal forms [2] - China's production of ten types of non-ferrous metals is expected to exceed 80 million tons for the first time, reaching 81.75 million tons in 2025, with a year-on-year growth of 3.9% and an average annual growth rate of 5% during the 14th Five-Year Plan period [2] - Analysts indicate that rising prices for zinc and indium, along with reduced overseas supply of nickel, provide direct support for the non-ferrous metal industry, while global aluminum industry collaborations and improved U.S.-EU trade relations are expected to boost demand in the industrial metal sector [2] Group 3 - The Silverhua Non-Ferrous ETF (159871) closely tracks the CSI Non-Ferrous Metal Index, which includes companies involved in the mining, smelting, and processing of non-ferrous metals, reflecting the overall performance of related listed companies [3] - The top ten holdings of the index include leading companies such as Zijin Mining, Luoyang Molybdenum, and Northern Rare Earth, with a combined weight of 46.48% [3]