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ShouChuang Futures: Bearish news released, market sentiment improves, tin prices rebound
Geopolitical tensions are easing, global assets are rebounding, the Two Sessions in China are underway, and the core industries of the digital economy continue to be pushed forward for upgrades, with market confidence picking up. In yesterday’s night session, tin prices traded in a volatile range around 400,000, consolidating and stabilizing; today, tin prices have pushed higher to test the upside, with gains approaching 5%. However, there has been some pressure above, followed by a slight pullback, though prices remain broadly steady above 400,000. In the short term, macroeconomic and supply pressures are gradually being released, and demand driven by technological development still remains optimistic. The entry opportunities below 400,000 for tin prices that were highlighted earlier are worth watching. (Capital Futures)