Tin prices plummeted by 4250 yuan in a single day! U.S. government shutdown and the Federal Reserve's 'hawkish' stance exert dual pressure on the metal market

According to the Yangtze River Nonferrous Metals Network, the tin price in the Yangtze River spot market fell 4250 yuan in a single day on November 5, closing at 281500 yuan/ton, mainly due to the "shutdown" of U.S. politics and the suppression of th

Supply and demand imbalance: tight supply meets differentiated demand

The supply side was already in a tight balance, providing support to the price of tin. Indonesia has closed over a thousand illegal tin mines and strictly controlled smuggling since September, while also resuming annual approval of RKAB mining quotas

However, the demand side is showing clear differentiation. While the demand for the AI server sector is hot, with head optical module companies experiencing a surge in orders and the consumption of tin in related scenarios reaching ten times that of

Intensified Competition in the Industrial Chain: Upstream Holding Back Sales, Midstream Waiting and Watching, Downstream Quick Response to Small Orders

Currently, various parts of the industry chain are in a stalemate. Mining companies are reluctant to sell due to tightened policies, while smelting operations are constrained by raw material supply and unable to increase production. In the middle str

Short-term outlook: Short-term shocks become the main theme! Three major variables determine the trend of tin prices

Although supply rigidity and AI demand provide long-term support for tin prices, the short-term trend is still dominated by macro sentiment. It is expected that the future price of tin may oscillate around the range of 280,000-290,000 yuan/ton, and m