Yesterday, commodities really didn't show a friendly face. LME nickel fell by 5%, now trading at $16,870/ton. The international copper main contract was even worse, dropping 4% intraday to 88,820 yuan/ton.
The spot market isn't looking any better. Silver spot prices fell over 3%, and NY silver futures also declined by more than 3%, trading at $75.26/oz. Platinum also weakened, now at $2,224.75/oz; palladium's decline was relatively mild, down only 1.9%.
It seems that the commodity futures market has been weakening all day today, with most varieties trending downward.
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rug_connoisseur
· 01-11 06:38
Nick哥 has dropped again. This time, it's not just about losing face; it's a complete break of trust.
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PonziDetector
· 01-11 01:29
Here we go again, another round of cutting the leeks. This drop is really incredible.
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Nickel and copper both hit new lows. Where are my positions...
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Something's off. This rhythm feels like someone is dumping the market.
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Silver has fallen so much. Do you still dare to buy the dip, brothers?
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Commodities are plunging across the board. A roller coaster for bears.
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The futures market today clearly doesn't want retail investors to have a good time.
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Platinum and palladium are following suit. There's really no safe haven.
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Seeing this decline makes me think of the last crash. So exhausting.
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FastLeaver
· 01-10 01:22
Down again and again, my position is in a death spiral
Nickel and copper are so miserable, what investment value is left? Damn it
Silver 3%? Feels like it hasn't fallen enough
Should I buy the dip now, or keep waiting?
Commodities are crashing across the board, I should go grocery shopping
Why is the futures market like this again, so hopeless
Waiting for a rebound, don't keep falling, damn it
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FundingMartyr
· 01-08 08:00
Nickel and copper are plunging together, this rhythm is really a bit cold
It's the same old story, a full-scale collapse of precious metals
Falling like this every day, who can withstand it
Commodities are all in free fall, condolences to those holding positions
Copper buddies are directly dragging down, how can anyone dare to bottom fish
This wave feels like it will need to adjust for a while
Spot prices are already falling like this, futures could be even worse, outrageous
Nickel is acting up again, so annoying
Looking at this momentum, the bears are about to go all out
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AirdropFreedom
· 01-08 07:59
Damn, it's falling again and again. When will this market finally take a breather?
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GateUser-4745f9ce
· 01-08 07:58
Nickel and copper are really hopeless now. Should we cut losses or keep buying the dip, everyone?
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MetaEggplant
· 01-08 07:58
Nickel and copper are crashing directly, my long positions are about to be liquidated.
Silver is dropping so sharply, is it a bottom-fishing opportunity or just more selling...
Are all commodities collapsing? This pace is a bit outrageous.
Copper has already fallen 4%, is there any bad news, or is it just pure dumping?
Another bleeding day, I'm already numb.
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WalletWhisperer
· 01-08 07:52
ngl the commodity dump yesterday screams systematic liquidation patterns... whale wallets probably frontran this entire cascade hours before spot prices even budged. that copper dip? textbook accumulation phase shake-out if u ask me
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AirdropHunter9000
· 01-08 07:45
Oh my, nickel and copper are crashing directly this wave. This rhythm feels off.
Falling like this... Is there some big event we haven't caught up with?
Silver and platinum are collapsing across the board. None of them can hold up.
What's going on with commodities this week? Feels like a change is coming.
Palladium can still hold a bit, but the others are all dragging behind.
What kind of major negative news would cause such a severe drop?
After watching the market until now, I’m starting to feel overwhelmed. Should I cut losses or hold on?
Yesterday, commodities really didn't show a friendly face. LME nickel fell by 5%, now trading at $16,870/ton. The international copper main contract was even worse, dropping 4% intraday to 88,820 yuan/ton.
The spot market isn't looking any better. Silver spot prices fell over 3%, and NY silver futures also declined by more than 3%, trading at $75.26/oz. Platinum also weakened, now at $2,224.75/oz; palladium's decline was relatively mild, down only 1.9%.
It seems that the commodity futures market has been weakening all day today, with most varieties trending downward.