需求未见明显好转 沪锡冲高回落【9月11日SHFE市场收盘评论】

Group 1 - The core viewpoint indicates that tin prices are experiencing fluctuations due to weak supply and demand fundamentals, influenced by macroeconomic sentiments and recent U.S. inflation data [1][2] - The main contract for tin on the Shanghai Futures Exchange closed at 271,260 yuan per ton, reflecting a 0.66% increase, although market sentiment cooled during the day [1] - Supply constraints persist, particularly from Myanmar, where mining activities are hindered by seasonal weather and transportation restrictions, leading to low import levels [1] Group 2 - Domestic refined tin supply is significantly impacted by annual maintenance from leading companies, although overall supply remains relatively loose with high inventory levels [2] - There is potential for marginal recovery in consumption, but the slow resumption of mining in Myanmar limits any significant increase in supply [2] - The macroeconomic environment appears supportive for tin prices, providing strong support for prices on the downside [2]