Myanmar's Resumption of Production Is Expected to Coexist With Peak Consumption Season, and a Short-Term Sideways Movement Pattern May Persist [SMM Tin Futures Brief Review]

[SMM Tin Market Brief: Coexistence of Myanmar's Resumption Expectations and Peak Consumption Season Support, Short-Term Sideways Movement Likely to Persist] The most-traded SHFE tin SN2504 contract closed at 264,640 yuan/mt, up 760 yuan/mt or 0.29% from the previous trading day. The intraday price fluctuated between 263,030-266,210 yuan/mt, showing a high-level oscillation pattern. In the morning session, prices opened higher, boosted by a weaker US dollar and domestic policy support, but gains narrowed due to pressure from Myanmar's resumption expectations. Open interest increased by 478 lots to 30,389 lots, indicating intensified tug-of-war between longs and shorts. Prices remained above the 20-day moving average, with the MACD indicator reflecting heightened tug-of-war and increased open interest signaling divergent capital views. In the short term, attention should be paid to the breakthrough of the resistance level at 265,000 yuan/mt and the support level at 260,000 yuan/mt...