After a secondary decline, short-term precious metal prices show signs of stabilization, and tin prices may rebound accordingly. Although tin prices remain in an upward trend in the medium to long term, short-term upward movement faces pressure due to marginally eased supply and demand for tin ingots and recent steady inventory recovery. It is expected that tin prices will continue to fluctuate within a wide range. Regarding trading strategies, it is recommended to stay on the sidelines. (Minmetals Futures)
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Minmetals Futures: Tin prices still mainly fluctuate within a wide range
After a secondary decline, short-term precious metal prices show signs of stabilization, and tin prices may rebound accordingly. Although tin prices remain in an upward trend in the medium to long term, short-term upward movement faces pressure due to marginally eased supply and demand for tin ingots and recent steady inventory recovery. It is expected that tin prices will continue to fluctuate within a wide range. Regarding trading strategies, it is recommended to stay on the sidelines. (Minmetals Futures)