Since the beginning of this year, tin metal has performed remarkably well. This once relatively "niche" commodity has suddenly come into the spotlight after being labeled as "computing power metal." After two previous adjustments from high levels, since late March, the spot and futures prices of tin have moved upward in tandem, with the main contract of Shanghai tin futures rising from a low of 323,010 yuan/ton to a high of 449,960 yuan/ton, with a maximum increase of nearly 40% in the range. Industry insiders believe that this round of tin price increase is the result of joint effects from both supply and demand sides. On the supply side, the progress of re-production in Myanmar's Wa State has fallen short of expectations, resource control in Indonesia has become stricter, and disturbances in African production areas are ongoing, leading to low global tin supply elasticity; on the demand side, fields such as AI computing power and semiconductors continue to open new consumption spaces. Although the long-term fundamentals of demand have significant advantages, the currently high tin prices have constrained downstream purchasing enthusiasm, and short-term tin prices may remain high and volatile. In the medium to long term, the operating center of tin prices is expected to gradually rise. (China Securities Journal)

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LeverageLatte

· 2h ago

40% increase, shorts crying their eyes out in the bathroom

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GaslightSamurai

· 3h ago

This small variety of tin, once a little capital comes in, it soars.

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RugProofMaybe

· 3h ago

Semiconductors + AI dual drive, the demand side is indeed more solid than in previous years

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HotspotChaser

· 3h ago

This trend of Xie, the story on the supply side is told too well.

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OneUnfilledOrder

· 3h ago

Low supply elasticity = once out of stock, prices surge dramatically, those who understand will naturally get it

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StonesUnderTheAurora

· 3h ago

The increase within the range is nearly 40%, making it one of the top performers among commodities this year.

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Don'tBeACoachForBagholders

· 3h ago

3.23K to 450K, this slope is steeper than my position.

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GateUser-c3de680b

· 3h ago

Mid- to long-term central axis rising, translation: It can still go up but don't chase it aggressively.

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MildlyMEV

· 3h ago

Downstream is discouraged by price, a classic case of high prices suppressing demand

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Tight supply and AI demand support, tin prices are expected to rise in the medium to long term

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