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Major Upgrade in OpenAI Technology Ecosystem: SHFE Tin Prices to Maintain Fluctuating Trend in the Short Term [SMM Tin Morning Brief]

iconMar 12, 2025 08:54
Source:SMM
Major Upgrade in OpenAI Technology Ecosystem; SHFE Tin Prices Maintain Fluctuating Trend in the Short Term [SMM Tin Morning Brief] The US inflation data to be released later this week will be key to the performance of the US dollar. Previously, Fed Chairman Jerome Powell stated that the central bank is not in a hurry to cut interest rates. On Friday, Powell downplayed concerns about US economic growth and indicated that the Fed needs to see a weakening labour market and progress in anti-inflation efforts before considering another interest rate cut. Brooks noted that the housing index has proven to be a challenging factor in core inflation, with rents affected by California wildfires. He stated, "Overall, if the index does not improve, we may see a broad recovery of the US dollar later this week." Overall, SHFE tin prices remained in the range of 260,000-265,000 yuan/mt. In the tin ingot spot market, spot transactions were relatively sluggish yesterday, with downstream enterprises making just-in-time procurement in small quantities. Both downstream and end-user enterprises showed limited acceptance of high prices, with most downstream enterprises postponing large-scale stockpiling. Most traders reported scattered transactions yesterday, accompanied by a small amount of post-pricing, resulting in overall low shipment volumes.

SMM Tin Morning Brief on March 12, 2025: At 1:00 a.m. today, OpenAI conducted a technical livestream, open-sourcing the first Agent SDK and releasing the Responses API, significantly simplifying and enhancing the development process for intelligent agents. One of the key features of the Agent SDK is its support for dynamic task collaboration among multiple agents, enabling the development of highly complex intelligent automation workflows, similar to Manus. For instance, a multinational e-commerce platform handling orders from different regions worldwide can use the Agent SDK to develop multiple agents for language recognition, inventory inquiry, real-time order updates, and after-sales services, allowing them to collaborate automatically throughout the sales and after-sales processes. The Responses API, on the other hand, comes with numerous enhanced features such as web search, file search, computer control, observability, process tracking, and agent orchestration. These tools are essential for developing highly complex automation workflows and can be seamlessly integrated with the Agent SDK. Overall, during the night session, SHFE tin prices fluctuated within the range of 260,000-265,000 yuan/mt. In the tin ingot spot market, spot transactions were relatively sluggish yesterday, with most traders reporting scattered deals and a small number of post-pricing transactions, resulting in overall poor sales. Some downstream enterprises are approaching low inventory levels and are expected to restock at lower prices in the future to alleviate inventory pressure.

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