SHFE tin prices are in the doldrums, with downstream and end-users exercising caution in purchases [[SMM Tin Midday Review]]
게시됨: Apr 28, 2025 11:12
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[SMM Tin Midday Review: SHFE Tin Prices in the Doldrums, Downstream and End-User Enterprises Exercise Caution in Purchasing] As of the midday close today, the most-traded SHFE tin contract SN2505 was temporarily quoted at 260,900 yuan/mt, down slightly by 0.5% from yesterday's settlement price. The intraday fluctuation range was 259,340-263,350 yuan/mt. Trading volume and open interest contracted slightly on a MoM basis, with cautious market participation. Policy Easing Expectations: US Treasury Secretary Bessent recently stated that "high tariffs between China and the US are unsustainable," suggesting that both sides may partially ease trade frictions in the coming months. This news has alleviated market concerns about suppressed demand for tin used in PV welding strips (due to the US tariff hike on Southeast Asian solar products), supporting a sentiment recovery in tin prices.
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.