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DeepSeek API Interface Free to Use; Spot Market Transactions Gradually Recovering [SMM Tin Morning News]

iconFeb 12, 2025 08:48
Source:SMM
DeepSeek API Interface Free to Use; Spot Market Transactions Gradually Recovering [SMM Tin Morning Brief] On the hardware side, more than 15 chip producers have already adapted to the DeepSeek model, and related intelligent computing integrated machines are gradually being implemented. Meanwhile, several smartphone and automaker companies have successively announced their integration with and support for this model, with the network of users continuously expanding. Cao Zhennan, Deputy Director of the National Engineering Research Center for High-Performance Computing, stated that with open-source and open-access products like DeepSeek, the reduction in costs will lead to a rapid expansion of applications, potentially growing by one or several orders of magnitude. Yesterday, SHFE tin prices gradually stabilized and remained rangebound at high levels. At the close, the price of the most-traded SHFE tin contract stabilized at approximately 257,600 yuan/mt. From a technical analysis perspective, the upward momentum of SHFE tin prices weakened this week, and prices are likely to fluctuate rangebound. Meanwhile, the decrease in open interest also reflects the gradual dissipation of sentiment caused by supply disruptions last week. In summary, SHFE tin prices were relatively stable at the beginning of the week, showing an overall rangebound fluctuation trend. In the spot market, as most downstream and end-user enterprises gradually resumed production, spot market transactions are recovering.

SMM Tin Morning Brief on February 12, 2025: On the evening of February 11, the National Supercomputing Internet Platform announced the launch of the "AI Ecosystem Partner Acceleration Program," offering incentives such as three months of free access to the DeepSeek API and a computing resource pool with tens of millions of core hours. According to the announcement, the platform has launched the full-featured model image of DeepSeek and is providing three months of free access to the DeepSeek API for enterprises in need. Yesterday, SHFE tin prices fluctuated downward. By the close of the daytime session, the price of the most-traded SHFE tin contract stabilized at around 257,600 yuan/mt. During the night session, SHFE tin prices opened lower but rebounded before the close to around 257,600 yuan/mt. The continuous decline in the overall open interest of SHFE tin contracts also reflects a gradual decrease in market confidence among bulls. In the spot market, as most downstream and end-user enterprises gradually resume production and operations, spot market transactions are recovering, with overall trading performance showing a rebound WoW.

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