长江有色：圣诞临近谨慎情绪及地缘溢价逐步减弱 24日锡价或下跌

Group 1 - The core viewpoint of the article highlights the mixed macroeconomic environment affecting the tin market, with U.S. economic resilience and the onset of a Federal Reserve rate cut cycle boosting market optimism, while inflation concerns and geopolitical tensions pose risks [1] - The LME tin price closed at $42,835 per ton, up $105, reflecting a 0.25% increase, while domestic Shanghai tin futures showed a decline, closing at 336,110 yuan per ton, down 5,570 yuan, or 1.63% [1] - The global macroeconomic landscape is at a critical juncture, transitioning from recession fears to a re-evaluation of growth and liquidity, but the market is expected to experience high volatility due to competing bullish and bearish factors [1] Group 2 - Supply concerns from geopolitical conflicts remain, but expectations of resumed production in Myanmar and normalized tin exports from Indonesia are easing previous price-driving fears [1] - Demand is facing negative feedback due to high prices, with traditional sectors like electronic soldering showing weakness, despite long-term positive prospects in emerging fields like semiconductors and photovoltaics [1] - The tin industry association has indicated that current tin prices are disconnected from fundamental market conditions, calling for a more rational market approach, which reflects a consensus against high prices and provides a negative outlook for market expectations [1]