南华期货：缅甸复产不及预期 锡价或仍有上行动力

Core Viewpoint - Tin prices experienced a surge followed by a decline, maintaining a strong performance in the night session, influenced by macroeconomic factors and supply dynamics [1] Macroeconomic Factors - The release of the U.S. CPI data has led to increased market expectations for interest rate cuts, despite officials indicating that current data does not support such actions [1] Supply Dynamics - There are ongoing concerns regarding the underperformance of tin production in Myanmar and the challenges faced by Indonesia in maintaining high export levels [1] Short-term Outlook - Attention is required on the upcoming export data from Indonesian exchanges, as well as the impact of pre-Spring Festival inventory accumulation and downstream feedback [1] - The expectation is that tin prices may still have upward momentum under a bullish trend, with a focus on buying on dips [1]