SMM Tin Midday Review: High-Level Consolidation as Downstream Enterprises Resume, Spot Market Sluggish

Publicado: Feb 10, 2025 11:43
[SMM Tin Midday Review: Most Downstream Enterprises End Holiday Mode, Spot Market Transactions Remain Sluggish] Today, the most-traded SHFE tin futures contract (2503) exhibited a high-level consolidation trend. Last week, influenced by a series of related market dynamics, SHFE tin prices experienced a significant surge. During today's daytime session, SHFE tin futures prices maintained a high-level fluctuation pattern, reflecting the cautious sentiment of market participants at the current price level. Most investors leaned towards a prudent stance, with the high-level consolidation of the most-traded contract indicating a roughly balanced power between bulls and bears. In the spot tin market, tin ingot price movements remained highly synchronized with the futures market. Specifically, the quotation range for SMM #1 tin ingot was between 257,500 and 259,500 yuan/mt, with an average price of 258,500 yuan/mt. Compared to the previous trading day's statistics, the average price dropped by 800 yuan/mt...

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
[SMM Tin Midday Review: Most Downstream Enterprises End Holiday Mode, - Shanghai Metals Market (SMM)