US AI Infrastructure Boost Plan Impacts Tin Market; Spot Market Quiet Before Holiday [SMM Tin Morning Brief]

Publicado: Jan 23, 2025 09:05

US Develops AI Infrastructure; Spot Market Becomes Increasingly Quiet Before the Holiday [SMM Tin Morning Brief]

At a White House briefing, Trump announced that the US would open an artificial intelligence research center. Japan's SoftBank Group, Oracle, and OpenAI will invest $500 billion to build AI infrastructure in the US, which may subsequently boost tin-related demand this year.

During yesterday's night session, SHFE tin prices showed a pullback trend. In the futures market, the most-traded SHFE tin contract prices exhibited a high-level consolidation trend, remaining at 249,000 yuan/mt. In the spot market, due to the strong performance of the futures market, spot tin prices did not experience a significant decline...

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