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ShouChuang Futures: Geopolitical sentiment eases, tin prices rebound slightly
Recently, due to geopolitical conflicts, tin prices have consistently remained below 400,000, and market concerns are increasing. Yesterday afternoon, there were reports of easing geopolitical tensions, leading to a significant narrowing of oil price gains. Today, tin prices have rebounded, with an increase exceeding 3% at one point, but they are still under pressure from above. After all, the Strait will still be navigable, and natural gas supplies remain constrained. In the afternoon, tin prices fell again; the market is no longer easily swayed by simple news. The trend of tin prices remains cautious, waiting for actual improvements in geopolitical conditions before tin prices may have a chance to strengthen again. (CICC Futures)